The U.S. Venezuela oil deal won't lower your gas prices. Here's what you need to know

The U.S. Venezuela oil deal won't lower your gas prices. Here's what you need to know

The Trump administration announced a deal Friday to develop a vast amount of Venezuela's oil reserves, with the U.S. taking a majority stake. Energy experts say there are many reasons...

A pedestrian walks past a mural featuring oil wells in Caracas, Venezuela, on Saturday, a day after President Trump announced a deal giving the United States a stake in Venezuela

The Trump administration announced a deal Friday to develop a vast amount of Venezuela’s oil reserves, with the U.S. taking a majority stake. Energy experts say there are many reasons to be skeptical.

(Image credit: Pedro Mattey)

Source: NPR Topics: News

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