A Syncrude oil sands mining facility near Fort McKay, Alta., in September 2022. Venezuelan oil is a similar grade to that from Canada’s oil sands. (Ed Jones / Getty Images) Global energy geopolitics are rapidly reshaping markets and national strategies throughout the Western Hemisphere. Venezuela’s potential reemergence as a major oil producer has recently renewed the U.S. interest in strategic resources, including those in the Arctic. Combined with increasing pressure on Ca