And last word on Venezuela, because there's so much we want to talk on, but any sense of how, how big the opportunity could be. And we're sitting here at 8 to 900,000 barrels a day right now in Venezuela. Well, It peaked around 3.7 million barrels a day. You know, it declined and it bounced back up again to almost 3 million barrels a day. And then when Chavez came in power, it has been a steady, massive decline. Think of how enormous the resources must be if it's still producing 8 or 900,000 barrels a day after that kind of mismanagement. (09:38–09:47)
CLAIM
Asserts that Venezuelan oil production peaked at 3.7 million barrels a day and later reached almost 3 million barrels a day.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
