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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

President Trump said Sunday the U.S. will “fill up” the Strategic Petroleum Reserve (SPR) as a result of the oil deal his administration reached with the Venezuelan government. “One of the things I am going to do with the Venezuelan Oil is fill up the Strategic National Reserves,” Trump wrote on Truth Social, adding the…
Developing the country’s vast oil reserves will require significant investment and infrastructure work—and officials have provided no public timeline.