Go With The Flow: Maduro's Ouster Leaves Venezuelan Oil Up for Grabs

Episode Transcript

Speaker 1 (00:00):
President Trump says we are in control of Venezuela for now,
and that includes the world's largest oil reserves totally more
than three hundred billion barrels. Texas petroleum economist car Income says,
for now, it's wait and see.

Speaker 2 (00:11):
Very little short term in terms of prices to consumers
and in crude oil prices. The longer term question is
if and how and how soon this three hundred billion
barrels of oil begins to be developed and put to use.

Speaker 1 (00:26):
American oil stocks surged on Monday as companies move to
gain access to that Venezuelan oil. The price of crude
only rose by about a dollar coriols in News radio
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