WASHINGTON - The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for another three months through Jan. 22.
The license has been a subject of intense debate within the Trump administration as it pursues a campaign to oust socialist President Nicolas Maduro. Its renewal represented a win by some in the administration, such as Secretary of State Mike Pompeo, who see keeping a U.S. company in Venezuela as an asset that could lead to a speedy recovery after any ouster of Maduro.
In January, the United States imposed sanctions on Venezuela’s state-run oil company PDVSA in an effort to oust Maduro. But it issued Chevron a six-month license to operate, which has now been renewed for two three-month periods.
What's wrong with this statement? 😏🙄
ALLOWS? Such a totalitarian government realDonaldTrump has assembled. So much for free market economy, senategop senatedems housedemocrats
homelessadvisor Venezuala. Let drilling go on
What the US got to do with it?
Cheap easy oil. Will the world stabilize when we power all our vehicles with fuel cell technology and hydrogen with a low demand for oil used for non-fuel products like a reduction in plastics?
Funny how we pick and choose which country it is okay to be in say, for the sake of oil, but not for the sake of lives.
Remember when realDonaldTrump helped a coup there but his candidate lost so he just gave up..... it was about oil and wealth the whole time
Somehow the world is upside down, and as usual, it is the US at the front of it. How come the US allows an American company to drill for oil in another country while at the same time sanctioning that country in order to replace an elected leader with an unelected one. Madness
Of course they would
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: ABC - 🏆 471. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: ABC - 🏆 471. / 51 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: Reuters - 🏆 2. / 97 Read more »