#TrumpReachesVenezuelaOilDealOn17Fields Trump just added a new description to the Venezuela oil deal:
“A gift.”
He says Venezuelan oil will soon begin replenishing the Strategic Petroleum Reserve as a “Gift from Venezuela to the People of the United States.”
But the reported deal terms say the U.S. secured preferential rights to PURCHASE 20% of production AT COST.
Those aren't necessarily contradictory.
Venezuela could be providing separate barrels for free.
But no such mechanism has been publicly disclosed.
So here's the receipt still missing:
Is the SPR getting gifted oil, purchased oil, or oil delivered through some other part of the deal?$CL
$BNB
“A gift.”
He says Venezuelan oil will soon begin replenishing the Strategic Petroleum Reserve as a “Gift from Venezuela to the People of the United States.”
But the reported deal terms say the U.S. secured preferential rights to PURCHASE 20% of production AT COST.
Those aren't necessarily contradictory.
Venezuela could be providing separate barrels for free.
But no such mechanism has been publicly disclosed.
So here's the receipt still missing:
Is the SPR getting gifted oil, purchased oil, or oil delivered through some other part of the deal?$CL
$BNB
