Reporter’s Notebook: Oil companies are nervous about the Venezuelan land grab

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Venezuela Oil
In this Feb. 19, 2015 file photo, the sun sets behind an oil well in a field near El Tigre, Venezuela. (Fernando Llano/AP)

Reporter’s Notebook: Oil companies are nervous about the Venezuelan land grab

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Washington Examiner energy and environment reporter Breanne Deppisch joins magazine executive editor Jim Antle to discuss why the situation in Venezuela has come at an inflection point regarding oil markets. They also discuss Russian President Vladimir Putin being under crippling sanctions and his recent visit to Saudi Arabia, and how the rest of the international community has tried to keep Russia from being able to profit off of oil revenue during the war in Ukraine.

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