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.”

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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, decades ago, he was there to greet them. And when Venezuela wanted them out? Well, that’s how he ended up in a jail cell.

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On today’s show, we’re going to hear from one third-generation Venezuelan oilman who has seen everything … up until this, of course.

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Check out our other episodes about Venezuela:

  • Chevron, Venezuela and the Paradox of Plenty
  • How Venezuela imploded 

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