this post was submitted on 06 Jan 2026
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Donald Trump has suggested US taxpayers could reimburse energy companies for repairing Venezuelan infrastructure for extracting and shipping oil.

Trump acknowledged that “a lot of money” would need to be spent to increase oil production in Venezuela after US forces ousted its leader, Nicolás Maduro, but suggested his government could pay oil companies to do the work.

“A tremendous amount of money will have to be spent and the oil companies will spend it, and then they’ll get reimbursed by us or through revenue,” the president said.

The US energy secretary, Chris Wright, reportedly plans to meet representatives of Chevron, ConocoPhillips and ExxonMobil at the Goldman Sachs Energy, Clean Tech & Utilities Conference in Miami later this week.

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[–] yesman@lemmy.world 13 points 4 days ago (1 children)

The oil companies don't want to invest because in 10y when production recovers, who knows what oil prices will be? Even if they could pump it out tomorrow, Oil is cheap, and driving it down would bankrupt American oil production.

The logic of "addiction to foreign oil" is outdated. America is an energy exporter.

[–] Lemmyoutofhere@lemmy.ca 6 points 4 days ago* (last edited 4 days ago)

The US exports light crude, but has to import heavy crude.

Gosh, that's nice of 'em! Where's the, "I don't want one cent of MUH TAXES going to fund foreigners" crowd now?

[–] SuiXi3D@fedia.io 9 points 4 days ago (1 children)

If this keeps up I’m just gonna stop paying taxes. So sick of this shit.

[–] floofloof@lemmy.ca 8 points 4 days ago

You need organized mass resistance, not individual actions.

[–] Taldan@lemmy.world 5 points 4 days ago

Really salting the wound for anyone working in US oil production, which is a lot considering the US is the world's largest crude exporter

[–] FartsWithAnAccent@fedia.io 4 points 4 days ago

Finally, a politician who thinks of the poor oil corporations!

[–] raynethackery@lemmy.world 2 points 4 days ago

I mean... Isn't that what taxes are?

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