@cbsmornings: Experts say the U.S. deal for majority control of 60 billion barrels of #oil in #Venezuela is likely to only be a short-term fix for high #gasprices, which have been elevated by the war with Iran. Venezuela will retain ownership over its resources, the country’s interim president Delcy Rodríguez said over the weekend, and stands to make $209 billion in revenue.

CBS Mornings
CBS Mornings
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Region: US
Monday 31 August 2026 12:35:39 GMT
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jasonhoffman1259
JayStage :
Venezuela oil is hard to turn to gas. its dirty af. oil companies would only want to refine the wells they have dry before using Venezuela oil. it was stupid
2026-08-31 12:56:40
35
lalocuellar875
TRASHKING :
So the “cartel war” or whatever was just for the oil. Got it
2026-08-31 12:42:24
90
rkeith24
user6369880148723 :
You wanna lower the price of gasoline? Where were you when Ukraine was attacked by Russia and gas went up that didn’t even involve the US
2026-08-31 17:26:37
19
rjaxon0
jaxon :
$3 a gallon in indiana 😹
2026-08-31 13:13:27
6
the.kern
Park Meva :
you can't even store that oil in the SPR
2026-08-31 13:06:42
14
kcupps91
kcupps91 :
That’s funny because we don’t purchase oil from Iran.
2026-08-31 17:43:48
0
michaeldmcgrath
mdmesq :
“Drill baby drill” was just another lie for the sheep to swallow.
2026-08-31 13:25:07
5
thatwhiteasianguy
thatwhiteasianguy :
Listen, I don’t like Trump anymore, but if this works out, this is a good deal. The last place I would ever take advice is from the Democrats to try and lower gas prices when their states have some of the highest gas prices when one of them administration had higher gas prices in history.
2026-08-31 21:21:32
0
kgaikow
KGaikow :
US can Refine their Oil. They dont have the ability. Chevron is one that is Helping
2026-08-31 14:31:18
1
jakejayson123
JakeJayson :
This is a good thing! Venezuela will become reliant on US buying oil. This gives us leverage in future negotiations. We can’t be short sighted on the benefits this provides in 10 years
2026-08-31 16:18:07
0
tusharshah786
tusharshah786 :
Stealing oil now the USA is over that is NOT who we are
2026-08-31 16:25:37
0
lady_ad1das
Lady_Ad1dA$ :
The amount of money that’s going to take to get Venezuela to produce and refine their oil is going to be insane. Gas companies will still pass that price onto us.
2026-08-31 12:42:30
12
4wermini
Kenny Brining :
Where the hell are people finding gas for only $4???
2026-08-31 17:00:55
0
ivanicecream562
Ivanicecream :
Who was the deal with? We took over a government and made a deal with ourselves?
2026-08-31 14:32:37
1
igetbanneddailyduh
l get banned daily 🤣 :
You guys are all sitting here playing checkers. Trump over here is playing chess, making sure that we are stable for the future when it comes to oil the most precious thing on earth.
2026-08-31 13:49:10
6
mike.727
Mike.727 :
But it requires a $100 Billion investment and at least two-years to rebuild the oil infrastructure in Venezuelan. And with the Government being unstable there, a change could mean contracts being voided, just as Billion dollar Chinese and Russian contracts and investments were voided to make this deal. So we'll see what actually happens after the headlines fade.
2026-08-31 13:39:24
2
trumpsurdaddy5
TrumpsURdaddy💪🏻🇺🇸 :
Que the lib oil “experts”😂😂😂
2026-08-31 19:36:50
2
lookatmee007
G banks :
took there oil. that's gangster
2026-08-31 14:39:55
3
organicspaceship
JDGrabber :
Democrats just don’t want our country ever win they hate Americans
2026-08-31 18:57:15
7
nannygoat799
Diamond Dave :
Why don’t y’all do some research? We have four dollar a gallon gas because one all the state and local taxes added to it went up to OPEC.
2026-08-31 14:06:31
3
jojogoodmojo
jojogoodmojo :
Who has the infrastructure to refine that level of crude oil
2026-08-31 16:06:35
3
_tunis__
Tunis :
this is so bad to abuse power
2026-08-31 13:37:18
2
jesse.baker11
jessebaker79 :
Or you stop letting gas companies make there own prices when we no there’s still plenty oiled
2026-08-31 22:05:43
1
reece37.50
reece :
USA gov or companies 🤔
2026-08-31 15:01:40
1
dgqx93
dgqx93 :
its the states taxes is why gas prices are high in California
2026-08-31 17:59:53
1
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