Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”.
Bosses of the biggest US oil firms who attended the meeting acknowledged that Venezuela, sitting on vast energy reserves, represented an enticing opportunity.
But they said significant changes would be needed to make the region an attractive investment. No major financial commitments were immediately forthcoming.
Trump uses ‘Art of the deal’.
It’s not very effective.
Turns out he never read it.
Don’t worry, to cover the risk the YUGEOIL act will be passed granting 0% interest subsidies to all oil companies that expand into Venezuela
Exxon will also after getting the subsidies buy a nice portion of DJT and trump coin at the same time, not sure why, CEO must just like the stock