Trump says US will take Venezuelan oil, be reimbursed for costs

Trump says US will take Venezuelan oil, be reimbursed for costs

President Donald Trump on Saturday (January 3) said the United States will extract oil from Venezuela to cover the costs of its intervention there, telling reporters that American oil companies will rebuild the country and reimburse Washington for all expenses. Speaking at a news conference after the capture of Venezuelan leader Nicolas Maduro, Trump said the operation "won't cost us anything because the money coming out of the ground is very substantial." "The oil companies are going to go in. They're going to spend money. We're going to take back the oil that, frankly, we should have taken back a long time ago," Trump said. "We're going to get reimbursed for everything that we spend." (Production: Cooper Inveen)