by Sundance at The Conservative Treehouse
Energy Secretary Chris Wright appears on Face the Nation to discuss the current and future plans for oil production in Venezuela, while explaining how the current mechanism to sell the oil is operating.
[Transcript] – MARGARET BRENNAN: This morning, President Trump vowed that Venezuela now has the military protection of the US. This comes just one week after he said the US would run that country. Meanwhile, Venezuelan opposition leader Maria Corina Machado is expected to travel to Washington to meet with President Trump this week. For his part, Mr. Trump and his team met with dozens of US oil executives late last week, urging them to commit $100 billion to boost oil production there. Joining us now to discuss it all is the United States Secretary of Energy, Chris Wright, good to have you here in person.
SECRETARY CHRIS WRIGHT: Thanks for having me, Margaret.
MARGARET BRENNAN: Before I ask you about Venezuela, very quickly, these protests in Iran, not this country reliant on oil to keep its government-controlled economy afloat. The President has been briefed on military options. What is the US willing to do to help?
SEC. CHRIS WRIGHT: Certainly the President has been very outspoken about wanting to have freedom and rule of law and capitalism and great relations with the United States return. So we’ll see. I think his moral support has been strong. Certainly, he’s taken a strong stance against the mullahs in Iran in disabling their nuclear program. I think the people in Iran are rising up because they feel there’s a strong America that has their back. I won’t go into the specifics there, but we wish them well, and we’d love to see a free and democratic Iran again.
MARGARET BRENNAN: Will there be more interdictions of vessels carrying Iranian oil? Any more activity on that front?
SEC. CHRIS WRIGHT: I won’t reveal any change in position there.
MARGARET BRENNAN: Okay, let me ask you about Venezuela,
SEC. CHRIS WRIGHT: Yes.
MARGARET BRENNAN: where you have been very focused and very central to the President’s policy. The President said that Venezuela now has the United States, the most powerful military in the world, to protect them. To protect them, we will. Is the United States military providing security guarantees for American companies?
SEC. CHRIS WRIGHT: We’re not doing that right now,…
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