After rebuilding our military during my first term, we have by far the strongest military anywhere in the world. And now we're working along with Venezuela and are in a true sense joint venture partners. We're getting along incredibly well in the production and sale of massive amounts of oil and gas, the second largest reserves on earth after the United States of America. We're now totally independent of the Middle east and yet we are there to help. We don't have to be there. We don't need their oil. We don't need anything they have. (11:56–12:09)
CLAIM
Asserts that Venezuela has the second largest oil and gas reserves after the United States.
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.
