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.
This is exactly it, it’s a shakedown and Trump and the party of fiscal responsibility will see to it that yet more corporations get hundreds of billions in government largess. But boy, they sure extracted that 1 bil from PBS, so I guess they’re on point.