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Trump Promises His Venezuela Oil Deal Will Lower Gas Prices. But When?
Developing the country’s vast oil reserves will require significant investment and infrastructure work—and officials have provided no public timeline.
Center Left
Days after President Donald Trump boasted of what he called the “biggest oil deal” in history, details of a new U.S.-Venezuela oil producing partnerships remain few. Experts say an influx of Venezuelan crude won’t make an impact on U.S. gas prices any time soon. NBC’s Garrett Haake reports for TODAY.
Developing the country’s vast oil reserves will require significant investment and infrastructure work—and officials have provided no public timeline.