🚨BREAKING: The White House has officially published the full terms of the US-Venezuela oil deal, granting 100-year concessions across 17 oil fields holding 65 BILLION barrels.
Here's what the US gets:
- 35% equity stake at ZERO cost to taxpayers
- Right to buy 20% of all production at cost
- First refusal on the remaining 80%
- Veto power over board appointments
- Deal more than DOUBLES American oil reserves
Here's what Venezuela gets:
- Up to $100 BILLION in infrastructure investment
Roughly $200 BILLION in royalties over 25 years
- US oil company NABEP will take over fields previously operated by Chinese and Russian companies.
Trump calls it "the biggest oil deal in world history."
- 🚨BREAKING: The White House has officially published the full terms of the US-Venezuela oil deal, granting 100-year concessions across 17 oil fields holding 65 BILLION barrels. Here's what the US gets: - 35% equity stake at ZERO cost to taxpayers - Right to buy 20% of all production at cost - First refusal on the remaining 80% - Veto power over board appointments - Deal more than DOUBLES American oil reserves Here's what Venezuela gets: - Up to $100 BILLION in infrastructure investment Roughly $200 BILLION in royalties over 25 years - US oil company NABEP will take over fields previously operated by Chinese and Russian companies. Trump calls it "the biggest oil deal in world history."
I think that's called theft. Let's see how long it lasts
US oil companies are going to make enough amount of wealth from it and Donny gonna have his cut from all this. We know him as he is. Only for U.S.
This isn't just an oil deal. It's a long-term geopolitical and energy play that could have implications far beyond Venezuela. 🌎