U.S. Eyes Venezuela Oil Deal | Dallas News

The Trump administration is betting big on Venezuela’s oil, securing a 35% stake in NABEP, the country’s second-largest private producer, to tap into billions of barrels and boost U.S. energy dominance—without costing taxpayers a dime. The deal could unlock up to $100 billion in infrastructure investment, aiming to ramp production to 1.5 million barrels daily over 25 years. Venezuela’s interim leader calls it historic, promising revenue and foreign investment while keeping control—but critics warn it’s too slow to lower gas prices, with heavy Venezuelan crude being costly to refine. Meanwhile, U.S. lawmakers slam the Pentagon’s involvement as an abuse of power, while Venezuelans accuse Washington of an “asset grab.” Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aa37ab09f351d80e