View: Trump wants Venezuela. Oil companies prefer Libya

View: Trump wants Venezuela. Oil companies prefer Libya

Amena’s viewAs US President Donald Trump pushes US oil companies to exploit Venezuela’s oil, Libya — despite its rolling political crisis — is emerging as the more attractive destination, a clear signal of the stark challenges facing the US effort to revive Venezuelan crude.Oil supply can’t be switched on with the turn of a tap. Building capacity takes years and, in many cases, tens of billions of dollars. That reality sits uncomfortably alongsi…