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Chris Wright: “The spillover impacts will be enormous in the electricity…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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LIVE: Chris Wright And Venezuelan President Delcy Rodriguez Announce Major U.S.-Venezuela Oil Deal

Published | Video Starts at 42:43

The deals that were signed earlier today, particularly three with very large multinational corporations of Chevron, ENI and General Electric, will represent tens of billions of dollars of investment into the Venezuelan economy. That's direct investment investment. But The spillover impacts will be enormous in the electricity grid, in oil and gas production, and in the economy as a whole. The same as the beautiful Jones. I must say that my heart dropped with sorrow and fear on Wednesday evening of June 24, hearing the news of the tragic earthquake that struck the great country and fabulous people of Venezuela. (42:43–42:52)

CLAIM

Asserts that the impacts of direct investment will significantly affect the electricity grid, oil and gas production, and the economy.

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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