Energy stocks surged Monday following a JP Morgan analysis suggesting the U.S. could control 30% of global 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 anticipated removal of President Nicolás Maduro.

Shares of major U.S. energy companies experienced significant gains. JP Morgan analysts estimate that consolidating U.S. influence over Venezuelan reserves, the world's largest, combined with existing U.S. production and recent discoveries off the coast of Guyana, could position the U.S. as a dominant force in global oil holdings. This 30% figure represents a substantial shift in the international energy landscape.

While the immediate impact on crude prices is expected to be limited due to the current market glut, the long-term implications are significant. U.S. control of Venezuelan oil could reshape the balance of power in international energy markets, potentially giving the U.S. greater leverage in global energy policy and trade negotiations. The shale oil revolution had already propelled the U.S. to the position of the world's largest crude producer.

ExxonMobil and Chevron stand to benefit significantly from the potential control of Venezuelan oil, adding to their existing holdings, including substantial stakes in the recent oil finds off the coast of Guyana. Venezuela's oil industry, currently in disrepair after years of mismanagement, presents both an opportunity and a challenge for U.S. companies.

The future outlook hinges on the successful transition of power in Venezuela and the ability of U.S. companies to effectively revitalize the country's oil industry. The consolidation of these reserves under U.S. influence could solidify the nation's position as a leading energy power for decades to come, impacting global energy dynamics and geopolitical strategies.