US and Venezuela Make Big Oil Deal
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The United States and Venezuela made a big agreement about oil. This deal is very important. It helps both countries. Venezuela has a lot of oil under the ground. The US wants to use this oil.
What Is the Deal?
Venezuela says the US can take oil from their land. The amount is very large. It is about 65 billion barrels. A barrel is a big container. This oil is still in the ground. It will take time to get it out.
Why Does Venezuela Want This?
Venezuela needs money. The country has money problems. Many people there are poor. The leader of Venezuela is a woman. She says this deal will help her people. The money from the oil will fix their problems.
What Does the US Get?
The US gets oil. Oil is very important. Countries use oil for cars, trucks, and planes. Oil makes electricity too. Having more oil helps the US. It makes the country stronger.
Is This Normal?
This deal is different from usual deals. It is very big. People say it is historic. That means it is important and different. Other countries are watching this agreement. They want to see what happens.
Discussion Questions
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