Energy stocks surged Monday following a JP Morgan analysis suggesting the U.S. could control 30% of the world's oil reserves. The catalyst was President Trump's announcement of plans to take control of Venezuela's oil industry, with American companies slated to revitalize it after the capture of President Nicolás Maduro.

The JP Morgan report highlighted that U.S. control of Venezuelan energy, combined with existing shale oil production and recent discoveries off the coast of Guyana, could dramatically reshape the global energy landscape. Venezuela holds the world's largest oil reserves. Analysts estimate that consolidating these reserves under U.S. influence could position the nation as a leading holder of global oil, accounting for approximately 30% of the world's total.

While the immediate impact on crude prices is expected to be minimal due to the current market glut, the long-term implications are significant. The potential consolidation of such a large percentage of global reserves under U.S. control could shift the balance of power in international energy markets. The shale oil revolution had already propelled the U.S. to become the world's largest crude producer.

ExxonMobil and Chevron stand to benefit substantially from the developments in Guyana and potentially Venezuela. Both companies have significant stakes in the Guyanese oil finds. Venezuela's oil industry, however, is currently in disrepair after years of mismanagement and underinvestment. Revitalizing it would require substantial capital and expertise, presenting both opportunities and challenges for U.S. energy companies.

The future outlook hinges on the successful execution of the plan to revitalize Venezuela's oil industry and the continued development of resources in Guyana. If successful, the U.S. could solidify its position as a dominant force in the global energy market for decades to come. However, geopolitical risks and the complexities of operating in Venezuela remain significant factors to consider.