{"id":2407175,"date":"2025-02-26T18:36:01","date_gmt":"2025-02-26T23:36:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-administration-denies-cutting-venezuelan-oil-will-increase-gas-prices-washington-examiner\/"},"modified":"2025-02-26T18:40:01","modified_gmt":"2025-02-26T23:40:01","slug":"trump-administration-denies-cutting-venezuelan-oil-will-increase-gas-prices-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-administration-denies-cutting-venezuelan-oil-will-increase-gas-prices-washington-examiner\/","title":{"rendered":"Trump administration denies cutting Venezuelan oil will increase gas prices &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-administration-denies-cutting-venezuelan-oil-will-increase-gas-prices-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2407175&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>In a recent statement,Energy Secretary Chris Wright downplayed concerns that the Trump management&#8217;s decision to revoke\u200d concessions\u2064 made by President \u200dbiden to\u2064 Venezuela would led to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/average-u-s-gas-price-3-44-a-gallon-the-highest-since-2014\/\" title=\"Average U.S. gas price .44 a gallon, the highest since 2014\">higher oil prices<\/a> \u200cin the U.S. Wright emphasized that the U.S.is \u200dthe largest producer of \u200coil and natural gas and that increasing domestic production would mitigate any external supply interruptions. He highlighted that Trump&#8217;s policy reversal aims to drive oil prices down and recalled Trump&#8217;s decision to \u2062rescind Biden&#8217;s concessions related to oil exports from \u2062Venezuela, which included revoking a license for Chevron that allows the \u200dcompany to export Venezuelan oil to\u200b the U.S. <\/p>\n<p>Wright also\u2063 touched on the prospect of a \u200dpartnership with Ukraine,indicating that such an agreement could enhance U.S. <a href=\"https:\/\/amzn.to\/3YuVZYV\">security amid ongoing geopolitical tensions<\/a>. Trump\u2019s decision reverses arrangements that\u200c were \u2064criticized for yielding little in terms of electoral fairness in Venezuela. Additionally, the administration is focused on deporting Venezuelans who were in the U.S. \u200dunder temporary protective status, signifying a hardline approach towards immigration issues connected with Venezuela.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump administration denies cutting Venezuelan oil will increase gas prices<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2021468\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Energy Secretary Chris Wright dismissed concerns President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a>&lsquo;s decision to rescind concessions President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Joe Biden<\/a> made to <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/venezuela\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Venezuela<\/a> in order to encourage free elections could increase <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/oil\/\" target=\"_blank\" rel=\"noopener\" title=\"\">oil prices<\/a> at home.<\/p>\n<div class=\"article-paywall\">\n<p>&ldquo;The agenda, for sure, is to drive prices down,&rdquo; Wright told the <em>Washington Examiner <\/em>Wednesday at the<a href=\"https:\/\/www.washingtonexaminer.com\/section\/news\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> White House<\/a>. &ldquo;America is, by far, the largest producer of oil and natural gas. If we can grow that production, small interruptions from other nations will not reduce in a net reduction in supply.&rdquo;<\/p>\n<p>Wright declined to speculate whether Trump would change his policy if Venezuela were to accept more Venezuelan illegal immigrants deported from the United States.<\/p>\n<p>Wright, who was outside the West Wing after attending the first <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/cabinet\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Cabinet<\/a> meeting of Trump&rsquo;s second administration, also told reporters that billionaire entrepreneur Elon Musk, who has become synonymous with the Department of Government Efficiency, remained for the entirety of the sit-down.<\/p>\n<p>&ldquo;It&rsquo;s like an auditor in a business company or a consultant that&rsquo;s working across the whole government,&rdquo; Wright said of DOGE. &ldquo;Decisions are made at individual department levels, but to have that high caliber of resource to come in and provide information and ideas too, it&rsquo;s simply tremendous.&rdquo;<\/p>\n<p>Before <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/ukraine\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Ukrainian<\/a> President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/volodymyr-zelensky\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Volodymyr Zelensky<\/a>&lsquo;s own trip to the White House on Friday, during which he is expected to sign a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-previews-zelensky-visit-on-pending-deal-for-ukraines-minerals-washington-examiner\/\" title=\"Trump previews Zelensky visit on pending deal for ...&#039;s minerals - Washington Examiner\">rare earth minerals deal<\/a> in the hope that Trump will agree to some sort of security guarantee amid the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/russia\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Russia<\/a>-Ukraine war, Wright indicated that the agreement created incentives for the U.S. to protect its anticipated new minerals investment.<\/p>\n<p>&ldquo;You only have resources when capital, and technology, and infrastructure come together to make them resources,&rdquo; he said. &ldquo;If &hellip; Ukraine [were] to have a partnership with the United States, that would certainly give me some security.&rdquo;<\/p>\n<p>Trump announced he was undoing the &ldquo;ineffective and unmet&rdquo; concessions Biden made for <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/nicolas-maduro\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Nicol&aacute;s Maduro<\/a>&lsquo;s regime in Venezuela in 2022 as of March 1. Trump&rsquo;s decision revokes a license that permits the Venezuelan government to export oil pumped by Chevron to the U.S. Chevron&rsquo;s Venezuelan production averages about 220,000 barrels a day.<\/p>\n<p>&ldquo;We are hereby reversing the concessions that Crooked Joe Biden gave to Nicol&aacute;s Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022, and also having to do with Electoral conditions within Venezuela, which have not been met by the Maduro regime,&rdquo; Trump wrote. <\/p>\n<p>The president added, &ldquo;Additionally, the regime has not been transporting the violent criminals that they sent into our Country (the Good Ole&rsquo; U.S.A.) back to Venezuela at the rapid pace that they had agreed to.&rdquo;<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We are hereby reversing the concessions that Crooked Joe Biden gave to Nicol&aacute;s Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022, and also having to do with Electoral conditions within Venezuela, which have not been met by the Maduro regime.&hellip;<\/p>\n<p>&mdash; Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) <a href=\"https:\/\/twitter.com\/TrumpDailyPosts\/status\/1894828961798255096?ref_src=twsrc%5Etfw\">February 26, 2025<\/a><\/p><\/blockquote>\n<p><script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/div>\n<\/figure>\n<p>Biden&rsquo;s concessions, which came the fall after <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/inflation\/\" target=\"_blank\" rel=\"noopener\" title=\"\">inflation<\/a> peaked post-pandemic that summer, did not result in an undisputed presidential election in Venezuela last year, with observers reporting widespread instances of fraud.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/strong><\/p>\n<p>Trump had allowed Chevron&rsquo;s license to automatically renew after special envoy <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/richard-grenell\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Richard Grenell<\/a> traveled to Venezuela last month to secure the release of six Americans.<\/p>\n<p>Since the start of Trump&rsquo;s second administration, more than 600 Venezuelans have been deported, but the president wants to repatriate thousands more, including 350,000 of whom had their Temporary Protection Status suspended last month.<\/p>\n<\/div>\n<p> <script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2021468\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2021468\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump administration claims cutting Venezuelan oil won&#8217;t raise gas prices, says Energy Secretary Chris Wright<\/p>\n","protected":false},"author":2652,"featured_media":2407176,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/chris-wright-scaled-1024x683.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[41872,3634,50813],"class_list":["post-2407175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-oil-prices","tag-trump","tag-venezuela-2"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/chris-wright-scaled-1024x683.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2407175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2652"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2407175"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2407175\/revisions"}],"predecessor-version":[{"id":2407179,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2407175\/revisions\/2407179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2407176"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2407175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2407175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2407175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}