PANews reported on May 2nd that, according to a report by Sputnik News Agency, US President Trump stated that the US has sold 100 million barrels of Venezuelan oil, which is being shipped to Texas for processing, and plans to double that number within the next month. The report stated that Trump, speaking at an event in Florida, said, "We have a very good relationship with Venezuela. We've sold 100 million barrels of oil. That oil is going to Texas and will be processed there. We've already sold 100 million barrels, and we'll have another 100 million barrels in the next month."