Chris Wright

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Chris Wright is the US Energy Secretary, linked to smaller oil firms potentially investing in Venezuela.

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Chris Wright is the US Energy Secretary. He is newsworthy due to his connections to smaller, independent oil companies, many based in Denver, Colorado, which is his 'home turf'. These smaller firms are being summoned to the White House along with major oil companies like Chevron and Exxon Mobil to discuss potential investment in Venezuela. This comes amid US efforts to control Venezuelan oil resources indefinitely, following the abduction of Nicolas Maduro and the installation of an interim government. The US aims to use Venezuelan oil to lower domestic prices, potentially to $50 a barrel. Wright's involvement is significant because it suggests a broader strategy involving both large and small players in the oil industry to exploit Venezuela's vast crude reserves under US oversight.
Last updated: February 1, 2026