VP Vance: Oil Prices Are Much More Stable Because of What We See Coming out of Venezuela

EXCERPT:

VANCE: “I think importantly, we're actually already seeing significant increase in oil production out of Venezuela, which is one of the reasons why, despite a lot of people predicting that oil prices would go to $200 a barrel, they're obviously higher than they were a few months ago, but they're sort of much more stable in part because of what we see coming out of Venezuela. So, look, I think that we are going to see significant increase in production.”