Trump says the U.S. government may reimburse oil companies for rebuilding Venezuela's infrastructure
Source: NBC News
Jan. 5, 2026, 6:10 PM EST
President Donald Trump said he believes the U.S. oil industry could get expanded operations in Venezuela "up and running" in fewer than 18 months.
"I think we can do it in less time than that, but itll be a lot of money," Trump told NBC News in an interview Monday. "A tremendous amount of money will have to be spent, and the oil companies will spend it, and then theyll get reimbursed by us or through revenue," he said.
Whether the U.S. government ultimately agrees to reimburse the oil industry's costs in Venezuela, or alternatively, decides that future revenue is sufficient repayment, will likely be a key factor for the oil companies as they consider their options.
Trump declined to say how much money he believes it would cost companies to repair and upgrade Venezuela's aging oil infrastructure.
Read more: https://www.nbcnews.com/business/energy/trump-venezuela-oil-companies-reimburse-rcna252434
They are already "subsidized".
ProudMNDemocrat
(20,622 posts)Talk about FUCKED UP BEYOND ALL RECOGNITION!
bluestarone
(21,180 posts)on this site!!
ashredux
(2,870 posts)Ray Bruns
(5,981 posts)1. How the fuck would he know anything about getting an oil industry up and running?
2. Just more socialism for the oil industry.
orangecrush
(28,342 posts)The grift goes on.
louis-t
(24,575 posts)another idiotic statement, wild guess, wishful thinking. How's that 'health plan' coming along? 2 weeks, you say?
Aristus
(71,649 posts)The brain-dead Trumpsters will no doubt have a way of rationalizing this. Never, ever question Dear Leader, you know...
Miguelito Loveless
(5,426 posts)the oil companies aboard the Gravy Train.
Brother Buzz
(39,567 posts)snot
(11,506 posts)Where have I heard that before?
Even if you're ok with our stealing their oil*, economic reason would dictate that at most, we LEND the $ to the oil cos. and get paid back out the eventual profits.
*(I assume our oil cos. used to have contractual rights to that oil, but what do you suppose the odds were that those contracts were fair to the Venezuelans {other than a few at the top who probably got a cut}?)
ProudMNDemocrat
(20,622 posts)We found out that was a LIE!
snot
(11,506 posts)Iraqi oil was going to pay for our invasion of Iraq. (It probably did, except the "payment" all went to Blackrock, Halliburton, et al.)