Chip Roy
๐ค SpeakerAppearances Over Time
Podcast Appearances
But we're going to make sure it's stable first.
But remember, they nationalized the oil fields and their oil industry and took a lot of the investments that Americans put in there 10, 20, 30, 40 years ago.
And that was a real issue that we've got to now unwind and then make sure now that oil isn't going to our enemies and isn't going to China, isn't going to Iran, isn't going to Russia, and rather is being able to flow into Western Hemisphere.
And so I think that's going to happen.
I think people I'm talking to in the oil and gas space are excited.
that we can have some oil supply to help, you know, free up the market.
I mean, look, we can produce massive amounts of oil here, but there's always limits to what we can do with our fracking.
It's just nice to have multi-sources and not be reliant on any one area.
So to add the Venezuela supply back into the pipeline, so to speak, is viewed favorably.
But also, you know, we need to make sure that we don't have, you know, another situation where we go invest in it and then it gets nationalized again.
So the president's doing the right thing, but we've got to do a lot of work to make sure that we can rely on it.
Well, first of all, Marco Rubio has been doing a fantastic job as Secretary of State in every situation he's been put in.
He was great this weekend articulating why this is critical to our national security interests, the Trump doctrine, whatever you want to call it, with respect to focusing on the Western Hemisphere to push out our enemies and to increase the relationships and the reliance on other countries in the Western Hemisphere on America and not our enemies, not China, not Russia.
These are all things that are critically important.
I am concerned about the next steps.
Those are very real concerns.
They've got a lot of people in the regime are still in place.
There's a lot of corruption that still exists.
Moving one guy out of it is a good step, but it's not going to be the whole solution.
We've got to work to try to get Venezuela back on its feet, get it back to where it was economically two decades ago.