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2026-09-02T12:18:57.496Z

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Trump's Venezuela deal leaves key questions unanswered

Trump's Venezuela deal leaves key questions unanswered

The article discusses President Donald Trump's management plan to increase Venezuelan oil production and invest the U.S. share of proven oil reserves estimated at 65 billion barrels. The goal is to lower gasoline prices in the United States and strengthen the national oil stockpiles. Although projects and investments involving major companies like Chevron and Total have been announced, there are concerns that the plan may fail to achieve its objectives due to deteriorating oil infrastructure, unclear funding sources, and political and legal challenges in Venezuela. Additionally, the projects are progressing slowly and face doubts about investors' ability to provide the necessary investments, especially given the uncertainty of continued cooperation if political administrations change. Nevertheless, hope remains that the current projects could demonstrate the presence of additional oil supplies in the future, even though implementation may take years and encounter significant obstacles.

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