The U.S. Venezuela oil deal won't lower your gas prices. Here's what you need to know

The Trump administration announced a deal Friday to develop a vast amount of Venezuela's oil reserves, with the U.S. taking a majority stake. Energy experts say there are many reasons to be skeptical.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/5759x3839+0+0/resize/5759x3839!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Ff3%2Fdb%2Fdf4d66cf48169deed3c9a4ca2ba5%2Fap26241639871251.jpg' alt='A pedestrian walks past a mural featuring oil wells in Caracas, Venezuela, Saturday, Aug 29, 2026, a day after President Donald Trump announced a deal giving the United States a stake in Venezuela's oil reserves.'/><p>The Trump administration announced a deal Friday to develop a vast amount of Venezuela's oil reserves, with the U.S. taking a majority stake. Energy experts say there are many reasons to be skeptical.</p><p>(Image credit: Pedro Mattey)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5949407' />