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. To Ikea, I would say The progress in Venezuela so far has been ahead of schedule. In just the eight months that we've been in close partnership, Venezuelan production has grown by 25% and Venezuelan oil exports have grown by 50%. (23:08–23:13)
CLAIM
Asserts that the progress of oil-related activities in Venezuela is ahead of the planned timeline.
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