Chevron oil drilling efforts in Venezuela blasted as 'stupidity,’ nonsensical
Biden administration grants Chevron permit to drill in Venezuela
FOX Business’ Maria Bartiromo, Dagen McDowell and Fox News contributor Liz Peek discusses the Biden administration’s ‘controversial’ Chevron decision.
The Biden administration is taking some heat from critics after quietly paving the way for Chevron to expand its oil drilling operations in Venezuela.
The "stupidity" of Biden officials encouraging the oil giant to go in Venezuela "is completely mind-blowing," Fox News contributor Liz Peek said on "Mornings with Maria" Monday.
According to a recent announcement made by the U.S. Treasury Department, Chevron has been issued an expanded license to import petroleum produced by its joint venture with the Venezuelan state oil-firm, PdVSA.
The approval comes after talks resumed between the Venezuelan government, led by socialist President Nicolás Maduro, and the opposition Unitary Platform.