“Since the President’s decision to apprehend Nicolas Maduro, I think we’ve seen, you know, private conversations, the meeting at the White House, the administration has had to learn, you don’t go into Venezuela, turn a tap and 3 million barrels a day flow. McNally went on to suggest the oil industry was pushing back on Trump’s demands that it immediately reinvest in Venezuela: “The prize in Venezuela is getting back from below a million barrels a day to between three and four million barrels a day, and that we will measure in many years and many decades. The negative attitude on display at the oil industry’s most important Beltway gathering suggested that the Venezuela policy was being driven not by the extraction industry’s thirst for profits, but by the ideological passions of the South Florida lobby of Cuban and Venezuelan Americans fronted by Secretary of State Marco Rubio.
Author: Editor
Published at: 2026-03-03 23:03:00
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