Meet the Press Full Interview: Energy Sec. Wright says cooperation with Venezuela ‘off to a tremendous start’
Feb 15, 2026
Chris Wright, U.S. Energy Secretary and former energy executive, discusses U.S. engagement with Venezuela and energy policy. He covers how Venezuelan collapse affects the U.S., control of revenue flows and safeguards for oil sale proceeds. He explains use of third-party accounts, private financing for rebuilds, company investment plans, and the timeline for oversight and possible elections.
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Why Venezuela Matters To The U.S.
- Chris Wright says Venezuela's collapse harms U.S. through crime, drugs, and migration and raises energy prices.
- He frames engagement as protecting American lives and lowering fuel costs by restoring Venezuelan energy output.
U.S. Leverage Through Financial Control
- Wright says Venezuelans remain in charge, but the U.S. controls the largest revenue source funding Venezuela's interim authorities.
- He emphasizes U.S. leverage comes from controlling funds, not troops or taxpayer spending.
Tie Funds To Audits And Progress
- Wright says audits and oversight accompany oil revenue returns to ensure funds benefit Venezuelans.
- He urges continued verification and conditional funding tied to positive reforms and transparency.