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VIDEO / Americas

What Is Happening In Venezuela with the oil?

Sen. Ted Cruz's initial reaction to the Venezuelan oil deal is that 65 billion barrels is a massive amount, and it is great that America is getting access to it. But to be fair, do not expect this to have an immediate impact on…

Sen. Ted Cruz's initial reaction to the Venezuelan oil deal is that 65 billion barrels is a massive amount, and it is great that America is getting access to it.

But to be fair, do not expect this to have an immediate impact on gasoline prices. It will still take years or even decades to build up the infrastructure to produce all of that oil.

Plus, we cannot let this deal get in the way of bringing a fair and free election to Venezuela.

More on Verdict: The Chinese Communists Caught Spending Big Bucks Trying to Make You Hate Data Centers, plus Trump’s Venezuela Oil Deal

Source: Verdict with Ted Cruz

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