White House Meeting Set to Partition Venezuela’s Oil Resources
WASHINGTON — President Trump is meeting today with 17 U.S. and international fossil fuel companies, drillers, and financial traders to discuss how the industry can partition the oil resources of Venezuela, according to news outlets. At the closed-door meeting, “at least 100 Billion Dollars will be invested by BIG OIL” Trump wrote in a social media post. In response, Tyson Slocum, director of Public Citizen’s Energy Program, issued the following statement:
“Trump’s violent imperialism is all about handing billionaires control over Venezuela’s oil, and this meeting to divide the wealth proves it. As fossil fuel tycoons meet to divide the wealth of Venezuela, U.S. taxpayers may be set to shoulder an enormous amount of the risk of drilling and exporting the dirty crude oil. While Trump works to ensure Big Oil’s risks are covered by the U.S. public, Americans suffering with high home heating and electricity prices will see no relief, but new burdens associated with assuming Big Oil’s liabilities.”
Further Reading:
# # #