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Mark Warner: “Venezuela only can operate because of its oil exports…”

Featuring: Mark Warner, Democratic | U.S. Senate from Virginia

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American Conversations: Senator Mark Warner

Published | Video Starts at 18:32

And I'm looking at that and thinking we're not going in a good direction here. What about the banking? Well, the banking, again, let me restate. Venezuela only can operate because of its oil exports. They've gone from 4 million a day to 1 million a day. We have now cut off those exports by having the fleet offshore. To rebuild Venezuela's oil exports to the previous level will take three to four years. (18:32–18:41)

CLAIM

Asserts that Venezuela's oil exports have decreased from 4 million barrels a day to 1 million.

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