City
Epaper

Trump spotlights Venezuela oil at Texas hub

By IANS | Updated: February 28, 2026 07:15 IST

Washington, Feb 28 US President Donald Trump spotlighted a fresh oil arrangement with Venezuela during remarks at a ...

Open in App

Washington, Feb 28 US President Donald Trump spotlighted a fresh oil arrangement with Venezuela during remarks at a major Texas export hub, arguing that expanded refining and exports from Corpus Christi signal what he called a historic American energy revival.

Speaking at the Port of Corpus Christi, which he described as “one of the largest energy export hubs anywhere in the world,” Trump said his administration had acted swiftly on energy policy. “On day one, I declared a national energy emergency. I ended the Biden export ban. And I told our great Texas energy workers to very simply drill, baby, drill!”

He claimed production gains since returning to office. “Since my inauguration, US oil production is now up by 600,000 barrels a day.” He added: “Natural gas production is at an all-time record high by far.”

Trump also pointed to lower fuel prices. “Today, right here in Corpus Christi, the price of gasoline is down to just less than actually, now $2.30,” he said. Referring to a recent visit, he added: “$1.99. And then, I passed another one $1.85. It’s happening.”

A central focus of his speech was Venezuela. Indicating a tanker near the dock, he said: “In fact, 360,000 barrels of Venezuelan crude are right now sitting in the tanker on my left.” He described Caracas as a “new friend and partner” and said, “For the benefit of both our nations, we’re going to refine their oil right here in America and right here in Texas and then export it all over the world.”

He argued the arrangement would benefit both countries. “It’s great for Venezuela, and it’s great for us,” he said, adding that “a lot of it comes right here.”

Trump credited federal investment during his first term for the port’s expansion. “In my first term, I approved vital federal funding to deepen the channel and fully modernise the Port of Corpus Christi,” he said, adding that companies had since created “tens of thousands of jobs.”

Port Corpus Christi asset management director Jesse Robinson called the moment “an irrefutably historical moment,” and said he had seen “the millions of dollars in federal funds invested in infrastructure that helps us serve our customers so they can then turn and serve the communities around the world.”

Marine Corps veteran Kevin Rose said recent tax changes had helped his family. “With the legislation that has been passed with no tax on overtime, we were able to buy a commercial refrigerator for our business,” he said, adding that his family planned to take their children on a trip.

Trump also linked energy supply to artificial intelligence growth, saying big technology companies must build their “own power plant” so they are “no longer taking out of the community.” He called the requirement “mandatory.”

National Border Patrol Council president Paul Perez praised the administration’s broader record, telling supporters: “President Trump is the best president in the history of this country. Prove me wrong.”

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessDabur India to hike prices by up to 4 pc, cut pack sizes amid rising input costs

AurangabadCar thieves attempt to run over corporator during midnight theft bid

AurangabadGrand wedding, scorching sun… Worried about makeup melting?

NationalNewly sworn-in Bihar ministers thank NDA leadership for Cabinet opportunity

NationalTelangana DGP urges police to gear up for drug-free state

International Realted Stories

InternationalWUC urges Trump to raise Uyghur genocide, human rights concerns during upcoming China visit

InternationalEU hearing raises alarm over China's 'Ethnic Unity Law', warns of forced assimilation of Tibetans and Uyghurs

InternationalOp Sindoor anniversary: Former Maldivian Foreign Minister lauds India's leadership against cross-border terrorism

InternationalWHO confirms 5 hantavirus cases, 12 countries informed

InternationalIndia met all three predefined objectives during Operation Sindoor: Report