Trump Touts Increase In Venezuela Oil Exports
2 weeks ago
President Donald Trump said on Monday (May 4) that “hundreds of millions" of barrels of oil are coming out of Venezuela as Washington seeks to deepen its involvement in the country’s energy sector.
"We have a great relationship. We have hundreds of millions of barrels of oil coming out of Venezuela, going to Houston and different places to have it refined. And we're sort of, it's almost really a partnership," said Trump. "The big companies are coming in now and they're building these giant rigs because there's a lot of oil in Venezuela, there's a lot of other things too, and a lot of great people."
Recent data shows Venezuela's exports are at roughly 1.2 million barrels per day, their highest level in years.
"We have a great relationship. We have hundreds of millions of barrels of oil coming out of Venezuela, going to Houston and different places to have it refined. And we're sort of, it's almost really a partnership," said Trump. "The big companies are coming in now and they're building these giant rigs because there's a lot of oil in Venezuela, there's a lot of other things too, and a lot of great people."
Recent data shows Venezuela's exports are at roughly 1.2 million barrels per day, their highest level in years.
