Trump wants oil at $50. He thinks Venezuela can help — but oil drillers might not go along.
The president seeks to provide some relief at the nation’s gas pumps, but some consider crude prices at $50 a barrel as too low for U.S. drillers.
Last updated: 2026-01-08 19:16:32 ET
The president seeks to provide some relief at the nation’s gas pumps, but some consider crude prices at $50 a barrel as too low for U.S. drillers.
The Senate advanced a resolution Thursday that would limit President Donald Trump’s ability to conduct further attacks against Venezuela.
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President Trump appears committed to laying claim to Venezuelan oil for a long time. But there are plenty of reasons for U.S. businesses to be wary.