Trump Claims Interim Venezuelan Government to “Turn Over” 30 to 50 Million Barrels of Oil to Him

Trump Claims Interim Venezuelan Government to “Turn Over” 30 to 50 Million Barrels of Oil to Him

President Donald Trump announced on social media at about 6:45 PM on Tuesday that Venezuela will turn over billions of dollars of oil to him.

 

Trump posted:

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I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America. This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States! I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States. Thank you for your attention to this matter!

DONALD J. TRUMP
PRESIDENT OF THE UNITED STATES OF AMERICA

Venezuela produces roughly 800,000 to 1 million barrels of oil per day, which translates to around 292 million to 365 million barrels annually.