Trump Strikes A Deal With Venezuela & El-Sayed and Talarico Make Waves | 8.31.26
20m 35s
TXU Energy introduces a groundbreaking energy plan, Free Nights and Cool Summer, offering free nights every night throughout the year and a 25% bonus on daytime use during summer, designed to reflect real Texas energy habits. Meanwhile, President Trump announces a major oil deal with Venezuela, granting the U.S. majority access to 65 billion barrels of oil and involving direct federal investment, as part of a broader strategy to reduce dependence on the Middle East and counter Iranian influence in the Strait of Hormuz. U.S. airstrikes on Iranian targets follow, targeting rocket facilities prepared to launch sea mines, intensifying regional tensions. The situation in Nepal worsens with over 750 confirmed deaths and more than 3,000 missing, including dozens of Americans, amid accusations that China withheld critical glacier data and censored disaster footage, restricting access to vital information and hindering rescue efforts. In the U.S. elections, the Senate race hinges on critical swings in Michigan and Texas, where controversial candidates—Abdul El-Sayed and James Tallarico—face backlash over radical statements and ties to influencers, while Republican candidates like Ken Paxton struggle with negative perceptions. The episode underscores growing concerns about transparency, national security, and democratic integrity in both foreign policy and domestic politics, with nonprofit groups and preparedness platforms urging public engagement and readiness.
This episode is brought to you by TXU Energy. For the first time ever, Texans have an energy
plan that combines free nights all year with daytime summer savings. It's called Free Nights
and Cool Summer. You get free nights every night, all year long, plus a 25% bonus toward your
daytime use all summer. It's a first-of-its-kind plan created for how Texans actually use energy.
Discover how much more you could save with Free Nights and Cool Summer. TXU Energy. Energy for
everything. Visit TXU.com for more information. Rep number 1-0-0-0-4.
President Trump strikes a historic oil deal with Venezuela while Iran loses more leverage in
Hormuz. We have the latest on the deal and new U.S. strikes on Iranian targets. I'm Daily Wire
Executive Editor John Bickley with Georgia Howe. It's Monday, August 31st. This is Morning Wire.
Democrats' hopes of taking the Senate likely depend on Michigan and Texas,
where polls are tight and highly controversial candidates are on the ballot.
You don't want to replace the Second Amendment, do you? Well, look, man, I think more people are
more worried about whether or not they can see a doctor than whether or not they can have a gun.
I'm just gonna put that out there. I mean, you're dodging the question. And the rescue effort in
Nepal reaches its sixth day, with thousands still missing, including more than 80 Americans.
The highest priority,
accurate information from the region. A hard region to reach at the best of times,
made even more so by the devastation and the remoteness that we see.
Why is China's response now coming under scrutiny?
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Freedom is given to us by God, not government, but its ability to endure rests with the people.
We're seeing our God-given rights tested, threatened, and violated right now,
and we must stop it before it's too late.
Our friends at Alliance Defending Freedom are fighting some of the most critical legal battles
of our generation, upholding biological truth, defending free speech, preserving religious
liberty. But they depend on friends like you to keep up this work. Your gift today powers the
very legal battles that are defining freedom's future. Every dollar you give today will be
matched by a special grant while funds last. Visit joinadf.com slash wire or text wire to 83848
to make twice the impact for freedom today. That's joinadf.com slash wire or text wire to 83848 to make
twice the impact for freedom today. That's joinadf.com slash wire or text wire to 83848.
September is National Preparedness Month, which makes this a pretty good time to ask,
if you couldn't get to the grocery store, how long could your family comfortably make it on
what you have right now? My Patriot Supply can help you prepare. If you're serious about
preparedness like we are, you're going to want to head over to preparewithwire.com right now.
Right now, when you get their best-selling three-month emergency food kit, they'll include
a 72-serving mega-protein kit free with real beef, chicken, and beans. That's 90 days of real food
security designed to last up to 25 years when stored properly. Don't assume that you're going
to find what you need later. Go to preparewithwire.com today. This weekend, President Trump
announced that the U.S. and Venezuela have reached what's being touted as the largest oil deal in
history. Joining us now is Cabot Phillips, host of Wired In, for more on this historic agreement.
So Cabot, before we get into the details of the deal. Yeah, so for decades, Venezuela has been sitting on what most consider to be the largest oil
reserves on the planet. However, their socialist leaders have greatly restricted access to Western
countries, and sanctions against the regime meant that for a long time, Americans could not access
all of that oil to our south. Add to that the economic collapse brought on by years of that
failing socialist regime, and the country was simply incapable of even tapping into those vast
resources. They've got 17 percent of the world's oil reserves, and they've got 17 percent of the
world's oil reserves. And every year, they only account for about one percent of oil exports.
However, that all changed with the capture of Nicolas Maduro back in January. Yes, he was
technically arrested for charges of narco-terrorism and other things back in January. But if you
listen to the Trump administration describe their motivations for that operation, it had a lot to do
with oil, mainly that they wanted a Venezuelan leader who was open to partnering with the U.S.
That is not an exaggeration either. President Trump publicly said that he wanted, quote,
total access to the country's oil industry.
If the new president, Delcy Rodriguez, did not comply, quote,
she's going to pay a very big price, probably bigger than Maduro. So basically saying,
open up the oil or you're also out. And since then, Rodriguez has complied,
working with the U.S. on a number of deals, but none bigger than this.
And how big is this agreement? Can you put some numbers on it?
Yeah, the text of the official thing has not been released yet. But from what we've heard
from the two countries, it is, again, just enormous. According to President Trump,
it offers the U.S. majority control over 65 billion barrels,
of proven oil reserves. For context, that is nearly as much oil as the U.S. has in all of
our proven oil reserves combined. As Trump put it on Truth Social, the deal, quote,
greatly increases our oil supply and will substantially lower gas prices for all Americans
long into the future at no cost to the American taxpayer. Now, as for the Venezuelans,
President Rodriguez said it would have a, quote, significant impact on our nation's revival.
And she sort of put it in layman's terms on Saturday, saying, quote,
each party contributes what it does best. Venezuela contributes oil,
the U.S. contributes the capital and technology needed to recover and develop those assets.
And this really is a unique arrangement because the U.S. is taking an investment role here.
Can you explain that?
Exactly. And that's why this is so historic. So Trump was reportedly not satisfied with the speed
at which American oil companies were investing in Venezuela after Maduro's ouster. So he took
the rare step of making the federal government itself the key investor. Essentially, the Pentagon's
Office of Strategic Capital is going to partner with a private existing Venezuelan oil company
to find out what's going on in Venezuela. And that's why he's going to be the key investor.
of 17 oil fields. Again, the details are still a bit murky, but the New York Times reports that
the U.S. is going to get preferential access to purchase oil from those fields at a discount
and then also take home 55% of the profits from that joint venture. All the while, American
consumers are hopefully in the future going to get lower prices at the pump as that influx of
oil raises supply. So big picture, what does this mean for the U.S.? So President Trump has been
adamant in his second term that the U.S. exert more power in the Western Hemisphere. He's coined
the phrase,
which is a play on Monroe Doctrine, which essentially argues that the U.S. should be
in control of what's taking place in our backyard. By opening up these oil reserves,
the U.S. will theoretically be even less reliant on the Middle East, which is very important given
the Iranians' desire to block the Strait of Hormuz in the long run. In fact, to that point,
many analysts have been pointing out over the last few weeks that Iran's leverage with Hormuz
was already slipping. Shipping is back to around two-thirds of what it was pre-war.
So there has been major progress there, but this is going to help even more. This deal is
another major blow to their power in the future, at least. It also comes at a time when the U.S.
and Canada are engaged in a brewing trade war, and one of the big pieces of leverage for the
Canadians has been access to their oil. So that's another factor to keep in mind. Now, in the short
term, it is going to take time to build out the infrastructure needed to actually get all of this
oil to the U.S. So gas prices could drop a bit in the next month based on future expectations,
but this is definitely more of a long-term play. Think months to years as opposed to weeks.
And it is worth noting also, that the U.S. is going to be a big player in the future,
and it is going to be a big deal. So this could be just the start. Chevron, America's second
biggest oil producer, is reportedly in advanced talks on a separate deal that would allow them
access to other portions of Venezuela's oil fields. That deal could be finalized by the end
of this week, which again would just further bolster Trump's argument that he's doing
everything possible to lower energy costs. And one more thing before you go. You mentioned
Iran earlier. There has been more activity in the Middle East over the last 24 hours.
What is the latest? Yeah, so on Sunday afternoon, the U.S. launched airstrikes against Iran for the
first time since the end of July. Last week, President Trump announced that the U.S. had
successfully cleared the Strait of all underwater mines. And then he warned that any vessels placing
new mines moving forward would be, quote, immediately and systematically destroyed.
And on Sunday, it looks like he followed through. Pentagon officials said that we targeted two
rocket facilities that were, quote, prepared to launch rockets with sea mines into the Strait
of Hormuz. For their part, the Iranians responded, as you'd expect, with new threats,
saying that the latest strikes, quote, will be answered by the sons of Iran,
and will result in the punishment of the aggressor. So now we wait and see how they
respond. Meanwhile, Trump has always presented himself as the dealmaker-in-chief in this
Venezuela deal. Maybe the biggest. It is huge. Kevin, thanks so much for reporting. Absolutely.
This episode is sponsored by BrickHouse Nutrition. Everybody knows someone right now who's talking
about weight loss injections. And to be fair, the results can be dramatic. But a lot of people are
also hesitant about weekly injections. That's why more people, including some here at The Daily
Wire, have been looking into Lean from BrickHouse Nutrition. Lean is a doctor-developed weight loss
supplement, and several people around The Daily Wire team have talked about how helpful it is
for controlling cravings and staying more consistent with healthier eating habits.
The ingredients in Lean are backed by research showing that they can help lower blood sugar
and convert stored fat into energy, and reduce those constant hunger cravings that make dieting
so difficult. And this is important. Lean is not really aimed at someone trying to lose two or
three pounds before a vacation. The doctors at BrickHouse Nutrition are trying to help them.
And they're looking for a realistic option that fits in their everyday life.
Let's get you started with 20% off and free rush shipping so that you can add Lean to your healthy
diet and exercise plan. Visit TakeLean.com and enter WIRE for your discount. That's promo code
WIRE at TakeLean.com. If you've ever sold anything online, you know shipping can become a full-time
job. Wrong addresses, comparing carriers, tracking packages, it adds up fast.
And that's why people love ShipStation. A few people on our team have used it,
and they always say the same thing. I wish I'd started using it sooner.
It catches address mistakes before packages go out, helps you find
the best shipping options and even lets you add shipping insurance in seconds. And now it's
powered by AI, trained on billions of shipments, making the whole process even smarter. The sooner
you switch, the sooner you can start saving time and money. Get started with ShipStation today and
get 60 days free at ShipStation.com with code WIRE. That's ShipStation.com, code WIRE,
ShipStation.com, code WIRE. Taxes and fees apply. The highly coveted control of the Senate comes
down to four seats that Democrats must take from Republicans. Two of those almost certainly need
to be in Michigan and Texas. Joining us now with the latest on the key races is Ben Dominich,
Daily Wire opinion editor and host of The Big Ben Show. Great to have you back on.
Great to be back with you. So we're two months out and a lot of the focus nationally has come
down to just a handful of states, of course. Let's start with Michigan. Democrats are finding
themselves really on the defensive there with their candidate, Abdul El-Sayed. His radical
statements are coming back.
To haunt them at this point. Where does that race stand now?
Well, one of the things that I think is interesting about Michigan is that everyone really knew going
into this that if they ended up in a situation where El-Sayed was the nominee, that this race
would be nationalized. It's one where it basically gave Republicans a narrative about this election.
These people aren't just radical, they're anti-American. And that's something that I
think was a gift to Republicans. And El-Sayed, quite frankly, has done himself no favors since
winning the nomination in terms of the comments that he's made.
In terms of his difficulty in distancing himself from some of the
influencers who have backed him. I think that this is going to be a race that ultimately
every Democrat across the country has to answer for in one way or another.
Yeah. Hassan Piker, a major name, one of the influencers he's been associated with.
How big a problem is Hassan Piker for Democrats?
I think he's a big problem. And one of the reasons I think he's a big problem is because
this is something where, you know, it's a new character.
On the scene for people who are online, unfortunately, I have to admit that includes
myself. Hassan Piker is not that new. We know who he is. OK, but when he's introduced onto the scene
to the actual normal voter, they react to him in a very strong degree. In this instance,
you basically have someone who is connected to this candidate at the hip and who he has a problem
distancing himself from because he helped him win the election. It was a narrow primary win.
And ultimately, I think.
A lot of these influencers would have some backlash against Dale Syed if he were to come
out with some kind of definitive statement. He hasn't done that yet. I don't think he ultimately
will be able to do so because Hassan Piker is just too important to this radical wing of the
Democratic Party. Now, turning to Texas, we have two controversial candidates. Republicans have
Ken Paxton. He has his own baggage. But Democrats have James Tallarico, who himself has made a
series of radical statements. How is that race shaking out and what are the key issues?
Well, the polling.
The polling in that race is not encouraging for Republicans. We've had numerous polls now that
show in one shape or form the governor, Greg Abbott, who is running for reelection, leading
by a significant margin by seven to 10 points, even as Ken Paxton is shown as losing his race
again by single digits. But it's he shouldn't be losing if the governor is winning by that much.
Ken Paxton has enormous baggage, and it's a real problem, particularly with female
voters.
In Texas, and particularly, I think, for those moderate women voters who are ubiquitous in
places like Dallas and San Antonio and Houston, who are critical for winning the state. In terms
of the issues going forward, though, Tallarico's record is terrible. It's not like it's something
that should appeal to any of those voters. Does Texas turn blue with a candidate who's actually
worse, weaker than Beto O'Rourke or somebody like that? Colin Allred was a stronger candidate,
than James Tallarico. And yet, Tallarico may be able to pull it off simply because Paxton has
the baggage that we know of. Before we let you go, real quick, what are some of the other key
races where you think Democrats actually do have a chance to pull off an upset? Well, look, I think
that one of the big things that is going to be critical going into this cycle is whether they're
able to pull off any of these states that went for Donald Trump. North Carolina, Ohio, Iowa,
they shouldn't be competitive there. We have this
weird situation in Alaska where they have a candidate with the same name going into this
situation. It's dirty tricks out the wazoo. And yet, I think that ultimately, I think that
Republicans will be able to hold those. It's very funny, I will say, to see a situation right now
where no one's talking about Susan Collins in Maine anymore. Everybody just assumes she's going
to win. And Michigan and Texas are more on the minds of people. I will say, Republicans need
to reset in September. They have this upcoming midterm convention.
They want to have a reset of the message, I think, that helps them run through to November. I think
they have the capability to do that. Whether they're going to be able to pull it off, though,
we'll have to see. Yeah, you never know until November comes along. Ben, thanks so much for
coming on. Great to be with you. Search crews in Nepal are still racing against time after a glacier
collapse triggered catastrophic flooding along the Nepal-Tibet border. Nearly 800 are now confirmed
dead.
And 3,000 are still missing, including dozens of Americans.
Daily Wire culture reporter Megan Basham is here now with the latest. So, Megan, before we get into
assessing where some of the blame lies for this whole tragedy, let's start with the numbers. Where
do they stand today? Yeah, Georgia, they are grim and still climbing. So, as John said, as of the
latest count, at least 750 people are dead in Nepal and Tibet combined, with more than 3,000 still
unaccounted for. And that's a lot of people. And I think that's a lot of people. And I think that's
up sharply from just a couple of days ago when the number was 470. But unfortunately, that death rate
is likely to rise rapidly as search teams are only now reaching some of those hardest-hit river
valleys. Morgues in Nepal are so overwhelmed that we're hearing reports that authorities
have begun taking DNA from hundreds of unidentified victims so that they can be put into
temporary graves and so that their loved ones will be able to identify them later. What we know right
now is that roughly 85 of those who are missing are U.S. citizens, though right now we do not have
any confirmed Americans who have died in this disaster. But the State Department spokesman,
Timothy Piggott, told ABC yesterday that the Trump administration has mobilized to offer all
the help that it can. The situation on the ground, as you just saw, in terms of the mud and other
things means that we have to get the right assistance in their Nepal government. We're
coordinating with them on what they need. We have activated from the State Department,
$3.6 million in emergency humanitarian assistance. That includes up to three months of emergency food
for up to 10,000 flood-affected households. So we have immediately activated that.
But of course, restrictions that the CCP puts in place on outside aid can really cause a problem
here. And it's important to know that Nepal may not be out of the woods just yet because Chinese
authorities reported that another unstable body of water high up in those mountains may,
yet bring another sudden flood and rescuers may have to pull back.
I certainly hope we don't see any more flooding. What have we learned now about what led
to this disaster? And could anything have been done to prevent it, including on the Chinese side?
Yeah, really important questions, John, especially because information tended to
change on this issue. So scientists now believe that an enormous glacier and underlying rock
collapsed high up in the Himalayas. And that collapse is actually what triggered the
seismic activity that was initially mistaken for an earthquake. Now, that debris then surged into
the river system and the Trishuli River reportedly rose by as much as 27 feet in just 30 minutes.
So what that means is that experts are saying that fast-moving, you know, a mixture of mud,
water, ice that they compared to actually concrete basically was powerful enough to
destroy bridges, power plants, entire communities before anyone had a chance
to react or escape. Now, some international reporting is pointing the finger at China.
Three months before this catastrophe, Nepali officials knew that the danger was growing,
and they explicitly asked Chinese officials for better information about glacier movement and
about potential flood threats. That's the kind of information that they say India regularly provides.
But two Nepali officials told Reuters that China never provided all that data that they asked for
after that meeting.
So, you know, I think that's a good thing. I think that's a good thing. Now, Beijing is insisting that they did provide this data, but at the same time,
on its own side of the border, they're actually restricting how much information the public is
getting. So multiple outlets in the UK and Australia are reporting that China is scrubbing
disaster footage from Chinese websites. This was part of a report from Australia's national public
broadcaster. You've probably seen this really harrowing video of the moment the landslide hit,
the China-controlled Tibet.
It's very clear evidence of how bad this disaster is. But hours after it emerged online here in
China, it began to disappear. Beijing's sensors were at work. And now when I search for it online,
it's non-existent.
And a former Nepali lawmaker told The Telegraph that China is preventing
Nepali families from crossing over into Tibet to search for their missing loved ones.
Well, particularly concerning concerns.
considering there's still a high risk
of this happening again.
Megan, thanks for reporting.
Yep.
My pleasure.
Thanks for waking up with us.
The reporting that fuels this show is only possible because you tune in every day
and because of our Daily Wire subscribers.
To enjoy the show ad-free and join our mission, become a member at dailywire.com.
We'll be back this evening with more news you need to know.
You get free nights every night all year long, plus a 25% bonus toward your daytime use all summer.
TXU Energy. Rep number 10004.
Podcast Summary
Key Points:
TXU Energy has launched a new energy plan, Free Nights and Cool Summer, offering free nights year-round and a 25% daytime summer discount, aiming to align with actual Texas energy usage patterns.
The U.S. and Venezuela have reached a historic oil deal, with the U.S. gaining majority control over 65 billion barrels of proven oil reserves and taking a major investment role through the Pentagon’s Office of Strategic Capital, signaling a shift in Western Hemisphere energy strategy.
U.S. airstrikes on Iran’s rocket facilities in the Strait of Hormuz have further reduced Iran’s leverage, while China’s suppression of disaster footage and denial of requested glacier data from Nepal have raised concerns about transparency and responsibility in the region.
Summary:
TXU Energy introduces a groundbreaking energy plan, Free Nights and Cool Summer, offering free nights every night throughout the year and a 25% bonus on daytime use during summer, designed to reflect real Texas energy habits. S. majority access to 65 billion barrels of oil and involving direct federal investment, as part of a broader strategy to reduce dependence on the Middle East and counter Iranian influence in the Strait of Hormuz.
S. airstrikes on Iranian targets follow, targeting rocket facilities prepared to launch sea mines, intensifying regional tensions. The situation in Nepal worsens with over 750 confirmed deaths and more than 3,000 missing, including dozens of Americans, amid accusations that China withheld critical glacier data and censored disaster footage, restricting access to vital information and hindering rescue efforts.
S. elections, the Senate race hinges on critical swings in Michigan and Texas, where controversial candidates—Abdul El-Sayed and James Tallarico—face backlash over radical statements and ties to influencers, while Republican candidates like Ken Paxton struggle with negative perceptions. The episode underscores growing concerns about transparency, national security, and democratic integrity in both foreign policy and domestic politics, with nonprofit groups and preparedness platforms urging public engagement and readiness.
FAQs
TXU Energy offers a plan that gives customers free nights every night all year long, plus a 25% bonus toward daytime energy use during summer months.
It saves customers money by offering free nights and a 25% discount on daytime usage during summer, aligning with how Texans actually use energy.
The deal provides the U.S. with majority control over 65 billion barrels of proven oil reserves, increasing domestic energy supply and potentially lowering gas prices in the long term.
The Pentagon's Office of Strategic Capital is acting as a key investor, partnering with a private Venezuelan oil company to develop oil fields and gain preferential access and profit shares.
The U.S. launched airstrikes targeting rocket facilities prepared to launch sea mines into the Strait of Hormuz, following earlier mine-clearing operations and warnings against new threats.
At least 750 people are confirmed dead, with over 3,000 still missing, including 85 U.S. citizens; search efforts continue amid risks of further floods and restricted access due to Chinese information controls.
Chat with AI
Loading...
Pro features
Go deeper with this episode
Unlock creator-grade tools that turn any transcript into show notes and subtitle files.