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Chris Wright: “You're going to see increased production out of Venezuela…”

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

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

Published | Video Starts at 04:42

But is it fully rule of law, democratic, thriving society again? Of course not. This is a process. We're only three weeks into it. So that You're going to see increased production out of Venezuela. We first from the incumbent players like Chevron and then from the new, smaller, scrappier American independents. that will go. Wildcatters are the ones that are reaching out to you? Yes, across the board. Bigger companies too, but the faster movers will be the one. (04:42–04:53)

CLAIM

Asserts that there will be increased oil production in Venezuela, starting with Chevron and followed by smaller American companies.

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