Palm Beach, Jan. 3 -- President Donald Trump on Saturday (local time) said that the oil companies in the United States will "spend billions of dollars" to fix the broken oil infrastructure in Venezuela and "start making money" for the South American nation.

While addressing a press conference in Florida, Trump said the United States was in the "oil selling" business and would provide it to other countries interested in buying.

"We're in the oil business. We're going to sell it to them (other countries). We'll be selling oil probably in much larger doses because they (Venezuela) couldn't produce very much because their infrastructure was so bad. So we'll be selling large amounts of oil to other countries, many of whom are using it now. B...