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The Guardian - UK
The Guardian - UK
Business
Guardian staff and agencies

Trump suggests US taxpayers could reimburse oil firms for Venezuela investment

Oil United States Donald Trump Venezuela Nicolás Maduro Chevron ConocoPhillips Exxon Exxon Mobil NBC News
A sign at a Chevron gas station in Mill Valley, California
A Chevron petrol station in Mill Valley, California. Representatives from the oil company will reportedly meet the US energy secretary later this week. Photograph: Justin Sullivan/Getty Images

Donald Trump has suggested US taxpayers could reimburse energy companies for repairing Venezuelan infrastructure for extracting and shipping oil.

Trump acknowledged that “a lot of money” would need to be spent to increase oil production in Venezuela after US forces ousted its leader, Nicolás Maduro, but suggested his government could pay oil companies to do the work.

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