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We Got This Covered
Politics
Fred Onyango

Big oil takes one look at Donald Trump’s promised $100B Venezuela oil boom and calls it ‘uninvestible’

Donald Trump promised that his Venezuelan conquest will end with great returns in oil, if nothing else. But recent statements from oil company executives prove that they are not as interested in joining Trump’s Venezuelan oil extraction agenda as it might have been previously suggested.

Trump has recently claimed that his administration will extract 50 million barrels from Venezuela, which he said will be controlled by him. But first, Trump stated that he would need a $100 billion investment from all the industry-leading oil companies. The administration was already prematurely celebrating the operation as a resounding success.

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