OFFICIAL UPDATE2 min read
President Trump has secured the biggest oil deal in world history , delivering U.S. majority control of more than 65 billion barrels of proven oil reserves in Venezuela – vastly expanding our current U.S. territorial proven reserves of roughly 46 billion barrels. President Trump’s bold foreign policy is driving America First wins: this deal greatly increases America’s oil reserves, dramatically bolsters our oil supply, and helps deliver lower gas prices for the American people—costing taxpayers nothing! HERE’S WHAT YOU NEED TO KNOW: This deal secures our energy dominance for the next century—all at zero cost to the United States. The deal, signed by Secretary of State Marco Rubio and Secretary of War Pete Hegseth, gives the U.S. government powerful governance rights, economic ownership, and guaranteed low-cost off-take from a new private Venezuelan oil champion, which will be the second-largest private oil company by reserves in the world. Millions of barrels of new Venezuelan output will be processed through U.S. refineries and pumped with American rigs and infrastructure, supporting billions in investment in the United States and thousands of jobs here…