A Public Affair

A Public Affair


Oil Motivates US Attacks on Venezuela

December 19, 2025

On today’s show, host Esty Dinur is joined by scholar Marc Becker to talk about the Trump Administration’s rapidly escalating attacks on Venezuela. He puts the strikes on boats allegedly trafficking drugs in the context of Venezuela’s oil economy and Latin American politics.

Venezuela is considered to have the world’s largest oil reserves which leads many mainstream news sources to call the country the wealthiest in Latin America. But Becker says that wealth is poorly distributed. Under the presidency of Hugo Chávez, Venezuela was successful at redistributing that oil wealth. However, the US has worked to remove Chavez and more recently Nicolás Maduro from power. Even the media circulates narratives that these left-wing leaders have “illegitimate” power.  

They also talk about how the US embargo has had a catastrophic effect on the Venezuelan economy, how the US might be gearing up for attacks on Cuba, Chinese policy in Latin and South America, and the Ineligibility of María Corina Machado in the recent Venezuelan elections. 

Marc Becker is professor of history at Truman State University. He studies the Latin American left with a particular interest in race, class, and gender within popular movements in the South American Andes. Among other works, he is the author of Contemporary Latin American Revolutions (Rowman and Littlefield, 2022); The CIA in Ecuador (Duke University Press, 2020); The FBI in Latin America: The Ecuador Files (Duke University Press, 2017); and Indians and Leftists in the Making of Ecuador’s Modern Indigenous Movements (Duke University Press, 2008. He has served on the executive committees and has been web editor of the Peace History Society (PHS) and Historians for Peace and Democracy (H-Pad). Becker is currently working on a project on Philip Agee and the CIA in Ecuador in the early 1960s.

Featured image of a mural outside a Venezuelan state-owned oil and gas company from 2009 via Wikimedia Commons (CC BY-SA 4.0).

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