Skip to playerSkip to main content
Trump urges oil majors to invest in Venezuela

US President Donald Trump assures major oil companies at the White House that he intends to embark on his strategy of placing Venezuela under American control for years to come 'to help rapidly rebuild its dilapidated oil industry and bring millions of barrels of oil production to benefit the United States, the people of Venezuela, and the entire world.'

DC POOL / AFP


Subscribe to The Manila Times Channel - vhttps://tmt.ph/YTSubscribe

Visit our website at https://www.manilatimes.net


Follow us:
Facebook - https://tmt.ph/facebook

Instagram - https://tmt.ph/instagram

Twitter - https://tmt.ph/twitter

DailyMotion - https://tmt.ph/dailymotion


Subscribe to our Digital Edition - https://tmt.ph/digital
Sign up to our newsletters: https://tmt.ph/newsletters

Check out our Podcasts:
Spotify - https://tmt.ph/spotify

Apple Podcasts - https://tmt.ph/applepodcasts

Amazon Music - https://tmt.ph/amazonmusic

Deezer: https://tmt.ph/deezer

Tune In: https://tmt.ph/tunein

#themanilatimes
#philippines
#tmtnews
#sports

Category

🗞
News
Transcript
00:00So we're really, if you look at it, we're taking back what was taken from us.
00:05They took our oil industry.
00:07We built that entire oil industry.
00:09It started a long time ago, but they took it, and they were very ungracious to this country.
00:17So we're going to discuss how these great American companies can help rapidly rebuild Venezuela's dilapidated oil industry
00:24and bring millions of barrels of oil production to benefit the United States, the people of Venezuela, and the entire world.
00:32Well, there are going to be Americans.
00:34I assume they're going to be using a lot of Americans,
00:36but they're going to be using a lot of people from Venezuela and other places, I would imagine.
00:40But I would think that mostly they'll be using Venezuelan workers.
00:43They have a lot of great workers.
00:45They have a very high unemployment rate,
00:47and they have workers that are very familiar with taking oil out of the ground.
00:50The plan is for them to spend, meaning our giant oil companies,
00:56will be spending at least $100 billion of their money, not the government's money.
01:00They don't need government money.
01:02Well, I think you're going to make an investment,
01:04but you're going to get your money back very quickly, and that's part of our thing.
01:07We're going to have you get your money back fast,
01:09and then you'll give a lot to Venezuela and to the United States after that, okay?
01:13So you'll be in good shape.
01:16With respect to Venezuela in particular,
01:18we have a very long history in Venezuela.
01:20In fact, we first got into Venezuela back in the 1940s.
01:25We've had our assets seized there twice,
01:28and so you can imagine to reenter a third time
01:32would require some pretty significant changes
01:34from what we've historically seen here
01:36and what is currently the state.
01:38If we look at the legal and commercial constructs
01:41and frameworks in place today in Venezuela,
01:43today it's uninvestable.
01:45And thank you for your effort for what you've done here,
01:49taking this despot out of that area,
01:52and the world dealt with him way too long.
01:56Certainly our industry knows that this is a real jewel
02:00that can be developed for the people,
02:05for the people of Venezuela and also benefit the world.
02:10So the people in control in Cuba have a choice to make.
02:14They can either have a real country with a real economy
02:16where their people can prosper,
02:17or they can continue with their failing dictatorship
02:20that's going to lead to systemic and societal collapse.
02:23That's a very stark and dramatic choice,
02:24and it's one we hope to make the right one.
02:26We don't have an interest in a destabilized Cuba.
02:28We don't have an interest in Cuba.
02:58We don't have an interest in Cuba.
02:59We don't have a interest in Cuba.
03:02We don't have a interest in Cuba,
03:03but we don't have a interest in Cuba.
03:04We don't have twoнуть big sentences on МУЗЫКА
03:08of the United States.
03:10We don't have an interest in Cuba.
03:18We don't have any interest in Cuba.
03:19Lets go.
03:20We get a réponse in Cuba
03:21whenever someone Karen asked the escuchist to be,
03:23and we don't have a still comfort queen.

Recommended