Trump: One of the things U.S. gets out of this will be even lower energy prices

Watch on YouTube ↗  |  January 09, 2026 at 20:36  |  2:43  |  CNBC
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump spoke at a White House meeting with oil executives about Venezuela's oil industry. He said Maduro's departure enables closer energy integration with Venezuela and predicted even lower U.S. energy prices, citing gasoline near $1.99 per gallon. He also said American companies will have the opportunity to rebuild Venezuela's energy sector. A CNBC anchor noted that Big Oil may be skeptical about returns and safety/security of investing billions in Venezuela.

  • Trump met oil executives at the White House to discuss Venezuela's oil industry.
  • Trump predicted lower energy and gasoline prices as Venezuelan oil returns to market.
  • Trump said American companies will have a chance to rebuild Venezuela's energy sector.
  • Trump framed the U.S. as reclaiming an oil industry it originally built.
  • CNBC noted Big Oil skepticism over returns and safety/security in Venezuela.
  • No specific companies or investment actions were named.
Ideas
Donald Trump President of the United States 0:31
Venezuela oil returning lowers energy prices
Trump argues that Maduro's departure and closer U.S.-Venezuela energy integration will bring more Venezuelan oil to market, leading to even lower energy prices. He points to gasoline already down to $1.99 per gallon from $3.50-$5. This is a bearish signal for crude oil and gasoline prices.
WTI UGA HIGH
Donald Trump President of the United States 2:13
U.S. energy companies can rebuild Venezuela
Trump says the U.S. originally built Venezuela's oil industry, and after Maduro's departure American companies will have the opportunity to rebuild Venezuela's rotting energy sector. This is a potential long-term opportunity for U.S. energy companies, though no specific companies were named.
XLE MED
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This CNBC video, published January 09, 2026, features Donald Trump discussing WTI, UGA, XLE. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: WTI, UGA, XLE