Venezuelan Oil Replenishing US SPR a ‘Pure Fantasy,’ Says Stephen Schork

Stephen Schork, principal and editor at The Schork Group, stated that Trump administration plans to acquire majority ownership of more than 65 billion barrels of Venezuelan oil reserves are not feasible. The statement was made during a discussion of U.S. refining capacity and Strategic Petroleum Reserve levels. No additional details about the administration's specific proposal or timeline were provided in the available source material.

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