VP Vance: The Venezuela Oil Deal Is Good for Venezuelans, for Anybody Who’s Buying Gas, and It’s Good for the American Taxpayer

EXCERPT:

VANCE: “Well, now we‘re using, of course, the successful Venezuela operation and some of the friendships and some of the relationships that have developed in the wake of that operation to create what is effectively a new 65 billion barrel of oil reserve for the United States of America. And the way that that‘s going to work is that private companies, American companies, can go in there, generate a lot of oil revenue. Obviously, that‘s going to mean world oil markets get only more supply. That will lower costs for Americans. That means a lot of revenue is going to go to the people of Venezuela. But also, thanks to the deal struck by Marco and Pete Hegseth and others in the administration, it actually sets us up to where the American people will directly receive some of the royalties as well.”