The Daily Beast
US · 1 hrs ago
Oil Exec Ridicules Trump’s $100B Plan With Brutal Response
MANDEL NGAN / AFP via Getty Images
Oil executives and Venezuela experts alike are scoffing at President Donald Trump’s $100 billion scheme to ramp up oil production, casting doubt on whether the deal will yield meaningful crude.
The White House rolled out the arrangement this week, securing a 35 percent stake for the federal government in North American Blue Energy Partners, an oil outfit selected to drill in Venezuela.
“F--k all, what is this?” an anonymous high-ranking oil executive told…
Do you trust The Daily Beast?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!