The U. S. Could Control 20% of Venezuela's Oil Reserves.
Canada's Oilpatch Isn't Worried The news of a possible US control over 20% of Venezuela's oil reserves has sent shockwaves through the Canadian energy sector, but experts say there's little cause for alarm.
President Donald Trump touts the deal as a major coup in securing America's oil supply, but reviving Venezuela's oil industry will be an uphill battle.