Report: Chevron Owed Venezuela $300 Million in Taxes Despite Sanctions

Contributing sentiments towards policy:

60% : "During his confirmation hearing in Congress to become secretary of state, Sen. Marco Rubio (R-FL) said that the United States should reconsider Chevron's license to operate in Venezuela and asserted that the Biden administration "got played" by Nicolás Maduro's promises of holding a "free election" in exchange for oil sanctions relief.
59% : In November 2022, the administration of outgoing U.S. President Joe Biden issued a presently active license to Chevron that allows the company to resume oil production in Venezuela and sell Venezuelan oil in U.S. markets.
46% : California-based company Chevron filed tax returns worth about $300 million to the Venezuelan socialist regime, raising questions about how much dictator Nicolás Maduro benefits from Chevron's oil production despite existing oil sanctions, Bloomberg reported on Thursday.
14% : Trump is expected to take "a harder line against the Maduro regime than Joe Biden's administration.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.