Even though they have proven reserves, their infrastructure has collapsed. The corruption of the communism, they're not producing what they could. And To be able to produce will take an investment of likely hundreds of billions of dollars. It's not a cheap proposition. Now, the oil that will be produced would generate more revenue than that. (39:12–39:19)
CLAIM
Asserts that producing oil in Venezuela requires an investment of hundreds of billions of dollars.
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.
