Biden gives Chevron permit to restart Venezuelan oil sales


(Worthy News) – The Treasury Department granted permission Saturday for giant Chevron to produce and export oil from following the South American country’s decision to restart talks with opposition groups.

The move could add supply to the global oil market, which may ease fuel prices and speed the declines in U.S. gasoline prices that have been a political burden for President Joe since invaded in February.

But a senior administration official said the easing of was not driven by the oil market pressures and was instead a response the Venezuelan regime’s decision this week to participate in the with opposition groups. Those talks, which were originally launched in City in September 2021, are expected to focus on humanitarian programs and setting future elections. [ Source: Politico (Read More…) ]

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