Venezuela Crude for the SPR, Bessent vs Druckenmiller & Oil Talked Down | BDE 09.01.26

Trump calls the Venezuela concession the biggest oil deal in world history, so Chuck Yates and Kirk Coburn pull it apart with Mark Meyer out of the room. Whether heavy Venezuelan crude can ever land in the SPR, why a hundred year lease looks a lot like the concession that became BP, and what PDVSA has to be paid to cooperate. Plus Druckenmiller calling out his old Soros desk mate Scott Bessent on Treasury buybacks, ranking the super majors, and 40 trillion in debt.

Click here to watch a video of this episode.

Join the conversation shaping the future of energy.

Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.

Apply today at collide.io

Click here to view the episode transcript.

00:00 Houston Food Dives Without Mark

04:55 Trump's Venezuela Oil Deal

07:17 Defending Trump on the SPR

11:12 PDVSA Royalties and Ohio Shale

14:48 Would You Take the Meeting

19:14 Persia, BP and the Hundred Year Warning