President Donald Trump told oil executives at the White House Friday that Venezuela has already given the United States 30 million barrels of oil, which are expected to be sold by the U.S. at market price.The gift comes as the president pushes American oil companies to invest billions of dollars to rebuild Venezuela’s energy sector. Trump previously said Venezuela’s interim government will send the U.S. between 30 and 50 million barrels of oil.
Trump told oil executives from companies including ConocoPhillips, Exxon, and Shell that the oil was delivered Thursday.
“Yesterday, 30 million barrels of oil was given to us by Venezuela,” Trump said. “We want to thank Venezuela for that … It’s a whole different Venezuela. It’s going to be very successful and the people of the United States are gonna be big beneficiaries.”
Representatives from Chevron, Halliburton, Valero, and Marathon were also at the meeting. Energy Secretary Christopher Wright is overseeing the transfer of the oil.
Currently, Chevron is the only U.S. oil company operating in Venezuela through a joint venture with state oil company Petróleos de Venezuela.
The revelation comes after the U.S. arrested Venezuelan President Nicolás Maduro and his wife, Cilia Flores, over the weekend, and took them to New York City to face federal conspiracy, drugs, and weapons charges. They have pleaded not guilty.
Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.
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