The administration announced a $100 billion plan to boost Venezuelan oil production through a partnership with North American Blue Energy Partners.

Alejandro Betancourt, the CEO of North American Blue Energy Partners, stated that the company increased its output tenfold in a short time. The administration sought this partnership to increase imports of Venezuelan crude to help stabilize high fuel prices. Oil company executives expressed skepticism regarding the timeline and infrastructure. Some industry officials noted that many of the targeted fields lack the necessary electricity and pipelines to bring extra-heavy crude to market quickly. While the administration views the deal as a way to secure resources and prevent them from falling into the hands of Russian and Chinese companies, experts noted that some fields may not be economically viable until the 22nd century. Alejandro Betancourt noted that the deal was negotiated with the help of Secretary of State Marco Rubio and Defense Secretary Pete Hegseth. The administration also secured the Pentagon's funding to ensure the oil would benefit U.S. national security.