Big Oil and Big Politics: Trump vs. Exxon in Venezuela

Venezuela has a lot of oil. Like, a lot. It's got the biggest reserves in the world. So, it's no surprise that big oil companies are interested. But it's not that simple. The country has had some issues, to say the least. Exxon Mobil, one of the biggest oil companies in the world, has been cautious. They've said that Venezuela is not a good place to invest right now. The CEO, Darren Woods, even said this to President Trump's face. Not the smartest move, maybe. Trump didn't like that. He said Exxon was "playing too cute. " He even threatened to keep Exxon out of Venezuela. That's a big deal. It shows how much power the president has over big companies.But why is Trump so interested in Venezuela? Well, it's all about oil. The U. S. wants to get more oil, and Venezuela has plenty. But it's not just about the oil. It's also about politics. The U. S. has had a tricky relationship with Venezuela for a long time. Other oil companies are also interested in Venezuela. But they're not rushing in. They know it's risky. Chevron is the only major U. S. oil company still operating there. They must be doing something right. Trump says he'll provide guarantees for oil companies. But what does that mean? He didn't say. It's all a bit vague. But one thing is clear: Trump wants U. S. oil companies to go back to Venezuela. And he's not happy when they don't listen.