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2 months ago

Energy secretary says Chevron expansion, US oil role in Venezuela could come ‘pretty quickly’

As the White House prepares to meet with America’s largest oil companies about Venezuela’s oil sector, U.S. Energy Secretary Christopher Wright explained what could come next for the crude-rich country and what timeline producers might face in helping develop its resources."Of course, we'd like to go back to Venezuela. You know, it's United States companies that started their oil and gas industry — Chevron's been there for over 100 years," Wright told FOX Business' Maria Bartiromo on Thursday. "When they were the fourth-highest per-capita nation in the world in 1950, that was on American capit...

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2 months ago
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