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Venezuelan oil flows will lower gas prices in 12-24 months, Wright says in Caracas

CARACAS, Venezuela — Energy Secretary Chris Wright said the Trump administration’s efforts to increase oil production in Venezuela would yield lower gas prices for Americans in one to two years, a timeline elongated in part due to the need to build more refiners capable of processing the heavy Venezuelan crude. “We are ahead of schedule, […]

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Washington ExaminerLean R·1h ago
Venezuelan oil flows will lower gas prices in 12-24 months, Wright says in Caracas
CARACAS, Venezuela — Energy Secretary Chris Wright said the Trump administration’s efforts to increase oil production in Venezuela would yield lower gas prices for Americans in one to two years, a timeline elongated in part due to the need to build more refiners capable of processing the heavy Venezuelan crude. “We are ahead of schedule, […]
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Venezuelan oil flows will lower gas prices in 12-24 months, Wright says in Caracas

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