Trump fact-check: Do the US and Venezuela have 60% of the world’s oil?
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Trump fact-check: Do the US and Venezuela have 60% of the world’s oil?

B2Upper-intermediateSeptember 26, 20269 min

US president Donald Trump has claimed in a speech to the UN that the US and Venezuela combined now have 60% of the world’s oil. 100% of the team on More or Less were confused. What measurement was the president using to get to this figure? Barrels of oil produced a day? Reserves of oil in the ground? It’s hard to make any of these stats add up. To find out whether there was any truth in the claim, we spoke to energy expert Bill Farren-Price of the Oxford Institute for Energy Studies. If y...

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Hello and thanks for downloading the More or Less podcast, with a programme that looks at the

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And I'm Tim Harford.

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B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 38%A2 29%B1 20%B2 11%C1 2%
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  • 57 harder words (B2 and up) in the whole episode.

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0:00

Hello and thanks for downloading the More or Less podcast, with a programme that looks at the numbers in the news, in life, and in the scripted and unscripted remarks of world leaders. And I'm Tim Harford. On Tuesday 22nd September, Donald Trump, President of the United States of America,

0:20

took to the stage to address the UN General Assembly. Our economy is the envy of the world. Our military is the most powerful on earth. Our technology is second to none and we are leading in virtually everything. Our energy is fueling the planet. America is rising. Our nation is growing. Our power is

0:41

expanding. Our country is doing better than ever before. And our future is very, very bright. Part of the reason their future is so bright, according to the president, is due to the US's recent oil deal with Venezuela. When you add the United States and Venezuela together we have more than 60% of the oil in the world.

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