Trump says the US could pay American oil companies for work in Venezuela

Trump said the US could reimburse American oil companies for expanding operations in Venezuela.

Doug Mills/The New York Times/Getty Images

• Trump said the US may reimburse oil firms for expanding operations in Venezuela.
• Venezuela's oil output is low due to sanctions, corruption, and damaged infrastructure.
• More Venezuelan oil could lower prices and disincentivize US players like Exxon and Chevron.

President Donald Trump said the US could reimburse American...