What we know about president Trump's Venezuela deal

On Friday, President Donald Trump announced that the United States would work with Alejandro Betancourt López, whose family manages Venezuela’s second-largest private oil producer, North American Blue Energy Partners, according to four people familiar with the agreement deal. Trump announced in a social media post, writing, “THE BIGGEST OIL DEAL IN WORLD HISTORY!” LiveNOW’s Austin Westfall speaks with Ed Hirs, an energy fellow at the University of Houston, to discuss.