Trump drinks Venezuela’s milkshake
About this episode
The episode discusses a recent deal involving U.S. control of Venezuelan oil reserves and features insights from a Venezuelan oil insider.
One week ago, President Trump announced a deal that would give the “U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.” The exact nature of this deal has been … obscure, to say the least. But today, we wanted to know, from someone who’s been through this before, what does this mean for Venezuela? José Ángel Pereira Ruimwyk is both optimistic … and wary. He’s a longtime Venezuelan oil insider. When Venezuela invited in foreigners, decades ago, he was there to greet them. And when Venezuela wanted them out? Well, that’s how he ended up in a jail cell. On today’s show, we’re going to hear from one third-generation Venezuelan oilman who has seen everything … up until this, of course. Check out our other episodes about Venezuela: - Chevron, Venezuela and the Paradox of Plenty - How Venezuela imploded Read: - Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life - Our weekly longform Planet Money newsletter - Our weekly Indicator round-up newsletter Follow: - Instagram - TikTok - YouTube - Facebook Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks…
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