Yeah, there's a lot of low hanging fruit from existing fields where American producers can go in and get a lot more oil just out of existing wells, producer companies, but a lot of low hanging fruit. We don't. You don't need to drill wells to get a lot more oil out of Venezuela than is currently being produced. Is ExxonMobil still out of the picture? Based on what they said and based. What the president said, ExxonMobil I think made comments in not a great context. (03:33–03:39)
CLAIM
Asserts that existing oil fields in Venezuela can produce more oil without new drilling.
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.