Episode
Chevron Expands in Venezuela Amid U.S. Push | Lubbock News
- Published
- Sep 2, 2026
- Duration seconds
- 120
- Processing state
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- https://sources.thednn.ai/6041a6b9e9fccda8
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Summary
Chevron is doubling down in Venezuela, securing new land and pledging $7 billion over five years to boost output to 600,000 barrels a day — a move backed by Trump’s push to tap the country’s oil reserves and even involve the Pentagon. With a century-long presence, Chevron’s CEO says this signals confidence in Venezuela’s long-term potential, but critics warn the nation’s broken oil infrastructure and shaky legal framework could derail the deal — all while U.S. gas prices hit a record high. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/6041a6b9e9fccda8