The Venezuelan oil industry is ‘a total bust’ according to Donald Trump, something he has promised to ‘fix’ after attacking Caracas and seizing the country’s leader. But with analysts estimating it could take up to 14 years and $183bn to fix, what is in it for the US president? Jillian Ambrose, the Guardian’s energy correspondent, explains why Venezuela’s dense, sticky oil is so valuable to Trump
Dense, sticky and heavy: why Venezuela’s oil is valuable to Trump
20 std vor
The Venezuelan oil industry is ‘a total bust’ according to Donald Trump, something he has promised to ‘fix’ after attacking Caracas and seizing the country’s leader. But with analysts estimating it could take up to 14 years and $183bn to fix, what is in it for the US president? Jillian Ambrose, the Guardian’s energy correspondent, explains why Venezuela’s dense, sticky oil is so valuable to Trump
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