Cover art for Planet Money

Trump drinks Venezuela’s milkshake

Planet Money

Published
September 5, 2026
Duration
25:27
Summary source
description
Last updated
Sep 13, 2026

Discusses One week ago, President Trump announced a deal that would give the “U.S. control of more than 65 BIL…

Summary

One week ago, President Trump announced a deal that would give the “U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.”The exact nature of this deal has been … obscure, to say the least. But today, we wanted to know, from someone who’s been through this before, what does this mean for Ven…

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Show notes

One week ago, President Trump announced a deal that would give the “U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.”The exact nature of this deal has been … obscure, to say the least. But today, we wanted to know, from someone who’s been through this before, what does this mean for Venezuela?José Ángel Pereira Ruimwyk is both optimistic … and wary. He’s a longtime Venezuelan oil insider. When Venezuela invited in foreigners,