It could take years to refine Venezuelan oil. So how soon can Americans expect an impact from these oil deals at the gas pump? First question. Yeah, sure. I would say The progress in Venezuela so far has been ahead of schedule. In just the eight months we've been in close partnership, Venezuelan production has grown by 25% and Venezuelan oil exports have grown by 50%. (56:48–56:53)
CLAIM
Asserts that the developments in Venezuelan oil production and exports are progressing faster than planned.
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.