Discover video-sourced quotes by politicians

Chris Wright: “Yes, we will move OFAC approvals for anyone that wants to go…”

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

No US Security Guarantees in Venezuela for Oil, Energy Secretary Says

Published January 22, 2026 | Video Starts at 05:08

So if they do feel like they have the security concerns and it's good to go in Venezuela, that they could start? Absolutely, they will start. Yes, we will move OFAC approvals for anyone that wants to go down there. We're going to let the marketplace decide that. I'm not going to choose or pick among companies, but we're going to certainly open up that opportunity. (05:08–05:13)

CLAIM

Asserts that OFAC approvals will be moved for companies wanting to operate in Venezuela.

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.

Discover more from

Chris Wright

“US oil production is at a record high right now, as is natural gas production.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 02:03-02:07
“Venezuela's basically become a big drug, big drug, criminal organization with Hezbollah's Western Hemisphere headquarters there.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 06:17-06:25
“The United States produces more oil today than Saudi Arabia and Russia, the two biggest other producers of oil.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 07:24-07:31
“The president, since his arrival in office, has been [focused on] how to strengthen Naito, how to get increased defense spending, how to get…”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 00:38-00:48
“I'll go down to Venezuela in the relatively near future. I'll go down in the next few weeks.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 03:49-03:54
“You're going to see increased production out of Venezuela. We first from the incumbent players like Chevron and then from the new, smaller…”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 04:42-04:53
“We don't lean on [Saudi Arabia] to get what we want.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 07:50-07:53
“Unlike the Biden administration, of course we've embraced the growing economies, that growing freedom in the Middle East.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 07:52-08:01
“The US involvement right now in controlling the flow of funds in Venezuela gives us huge leverage to reduce the criminality in that country.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 08:45-08:55
“We are not going to get involved in providing on the ground security for people in Venezuela.”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 09:11-09:17
“With Chevron there, with Repsol there, with Iani there, with Shell right next door, we already have big incumbent players that are ready to…”
No US Security Guarantees in Venezuela for Oil, Energy Secretary Says | Uploaded January 22, 2026 | 09:48-09:58