Get all your news in one place.
100's of premium titles.
One app.
Start reading
We Got This Covered
We Got This Covered
Politics
David James

Donald Trump outlines Venezuela oil extraction plans, ‘We’re gonna be taking all of that’, confirms ‘we’re making a fortune’

During his 2024 presidential campaign, Donald Trump vowed that as president he’d bring gas prices below $2 per gallon, saying specifically that he was aiming for $1.87 per gallon as a “perfect” number. The average gas price is still over $4 a gallon nationwide, but Trump has now unveiled a “deal” with Venezuela that will see the United States taking control of a substantial part of its oil reserves.

In comments from the Oval Office yesterday, Trump explained, “we’re gonna be taking all of that. We’re gonna be taking that oil out,” adding that “we’re making a fortune” now that Exxon and Chevron have entered the country. Trump went on to claim that “there are those who say it’s the greatest deal ever made.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.