Donald Trump: "“will substantially lower Gas Prices for all Americans”"
“will substantially lower Gas Prices for all Americans”
Reported August 29, 2026 by nzherald.co.nz. Checked word for word against that report.
President Donald Trump promoted a newly announced US deal with Venezuela as an answer to high gasoline prices, with his approval rating in the mid-to-high 30s about two months before midterm elections. Fuel costs, tied in part to the Iran conflict now in its seventh month, are a major voter concern. Specialists say meaningful output gains would take years. According to The Washington Post, deal documents suggest the US may need to invest heavily in idle fields lacking infrastructure, and financing is unclear. The arrangement reportedly involves businessman Betancourt’s company and a Pentagon financing office, which says it cannot take ownership stakes. Rubio claimed nearly $100 billion in private investment. Venezuelan opposition, possible constitutional revisions, and a possible Opec exit loom.
- nzherald.co.nz ↗︎29 AUG 2026