The propagandists on Fox were all-in with Trump's announcement that the US has reached a deal with Venezuela to control 65 billion barrels of country’s oil reserves.

Here's more on that from CNN:

President Donald Trump said Friday night the United States has reached an oil agreement with Venezuela, a move he said will “more than double” American oil reserves, increase oil supply and lower gas prices. [...]

A White House official told CNN the negotiated deal will grant the United States “55% effective output of a new private joint venture that will be the second-largest private oil company by reserves in the world.”

With US support, the official said, Rodríguez granted a private company 100-year concessions for the oil fields. The official added the private company is a joint project of the US government and a private operator in Venezuela.

“The United States Government has secured more than half the value of this new oil giant, split between equity ownership and guaranteed at-cost off-take. As the company scales production, the resulting stable supply of at-cost oil in our Hemisphere will go toward filling the US strategic petroleum reserve and fulfilling the supply needs of our Great US Military,” the official said.

Right wing chickenhawks and Trump's enablers on Fox have been saying the quiet part out loud about Venezuela and their oil for years on end now. So naturally they were heaping praise on him on this Saturday's Fox & Friends Weekend. Here's the back-and-forth with hosts Charlie Hurt, Lisa Boothe, and Griff Jenkins after Trump announced the deal on Truth Social.

JENKINS: Big news overnight. President Trump says the US has reached an agreement with Venezuela giving the US access to vast amounts of the South American country's oil reserves.

BOOTHE: The president posting, "At my direction, Secretary of State Marco Rubio and Secretary of War Pete Hegseth have secured majority U.S. control of more than 65 million barrels of proven oil reserves in Venezuela at no cost to the American taxpayer."

HURT: Rubio adding "For the Venezuelan people this deal will bring nearly 100 billion in private investment, support thousands of high-paying jobs, and drive reconstruction of Venezuela's economy."

JENKINS: Venezuela's president Delcy Rodriguez says the deal will have a significant impact on their nationals... their nation's revival. Really big deal.

HURT: Yeah, and as Phil Flynn pointed out to you in the last hour, a generational kind of thing. Obviously, this doesn't mean that all the oil is coming out of the ground or that we own the oil. It means that the United States has control and will manage the market that will get that oil out, refined, and sent around the world. And what that does for our national security is massive.

JENKINS: Yeah, Phil Flynn had this to say.

FLYNN: This is historic. It's unlike anything we've really seen before. You know, and a lot of people are worried about us drawing down our strategic petroleum reserve. Now we have the biggest strategic petroleum reserve in history. It's called Venezuela.

But I think this is a win. It's a generational win for Americans, because it is going to lead to a generation of low prices. And it's a win for the people of Venezuela as well, because the United States has the technology in the people to develop those oil fields unlike anything Venezuela has been ever able to do in history.

And on top of that, if we can get the Strait of Hormuz open, we will see a big drop in gasoline prices. So it'll be a double whammy against high energy prices.

I think this is a win, not only in the short term, but in the long term.

JENKINS: Yeah, and that's the key, the long term. And I also talked to Phil and said, okay, so Americans are thinking our gas prices are gonna' go down right away, and it's not gonna' happen right away, but over time it will come down.

You know Venezuela years ago when Hugo Chavez took over and private... or took government control of all of these reserves, American companies stopped investing. That now all changes, and Venezuela has over 300 billion barrels of oil reserves.

They make up for about 17 percent of the world's oil reserves and now we are getting a significant piece of that. It only emboldens us and positions us for real strength going forward.

BOOTHE: Well, also, which is a good lesson of why socialism doesn't work. As you pointed out with Venezuela, when, you know, and what I love when you hear all these socialists talk about corporate greed, but what they're really advocating is for government greed in the name of socialism.

And then what ends up happening is you have sort of these hapless bureaucrats running the show. They have no idea what they're doing. And then everything fails, as you pointed out with what happened with oil in Venezuela.

Also I think what's interesting about this is we're sort of seeing this reshuffling of the global energy chessboard as well. Also with what we're seeing in the Middle East, you've seen a lot of these pipelines come online or become reinvigorated as well of trying to find ways to bypass the Strait of Hormuz.

Also the actions are watching in the Strait of Hormuz. So depending on what happens there you know, 15 years from now, what does that look like? Right? You could be putting China at bay, Russia at bay as well, and you know look at what's potentially happening with Venezuela in the United States, as you mentioned, Phil had mentioned with energy prices in the future.

HURT: Yeah, and another reason why so many of these things that President Trump is doing right now, it's generational but also the most consequential. These are, as you point out moving the chess pieces around on the global markets. That is going to affect people and benefit present future presidents for generations to come.

And maybe one of the most significant things about this Venezuela deal, or the whole thing, the invasion and the removal of Maduro in the first place, is that it stops all of this oil from Venezuela going at a markdown price to places like Cuba and China, to our adversaries or full-blown enemies. And that in and of itself is hugely significant. And on top of it, the fact that we now control it as a reserve and we can make sure that it gets sold and marketed to the world in a responsible way, and not to our enemies. It's a very big deal.

BOOTHE: Which also might be a little bit behind the why of getting Maduro.

HURT: Yeah. You start to wonder these things.

No one was "wondering." We all knew it was an oil grab from the get-go.