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“The Biggest Oil Deal in World History”: Inside Trump’s 100-Year Venezuela Energy Pact

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Inside “The Biggest Oil Deal in World History”: U.S. Gains 100-Year Access to Venezuela’s Oil Reserves

the staff of the Ridgewood blog

Washington DC, In an unprecedented announcement, President Donald Trump unveiled what he termed “THE BIGGEST OIL DEAL IN WORLD HISTORY”—a sweeping agreement granting the United States a major stake in Venezuela’s vast petroleum reserves.

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70% Favor Increased U.S. Oil and Gas Production

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the staff of the Ridgewood blog

Ridgewood NJ, with gas prices soaring, energy policy is likely to be a major issue in the midterm election campaign, and voters strongly favor a policy of promoting domestic petroleum production.

The latest Rasmussen Reports national telephone and online survey finds that 70% of Likely U.S. Voters believe the U.S. government should encourage increased oil and gas production to reduce America’s dependence on foreign sources of oil and gas. Only 18% oppose a policy of encouraging U.S. energy independence, while 12% are not sure. (To see survey question wording, click here.)

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