Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Trump pauses oil exec summit to peek at White House ballroom’s progress

by admin January 10, 2026
January 10, 2026
Trump pauses oil exec summit to peek at White House ballroom’s progress

President Donald Trump briefly paused his meeting with nearly two dozen oil executives Friday afternoon to walk over to a window at the White House to check out updates on the ballroom’s construction.

‘Today, I’m delighted to welcome almost two dozen of the biggest and most respected oil and gas executives in the world to the White House,’ he said. ‘It’s an honor to be with them. We have many others that were not able to get in. I said, ‘If we had a ballroom, we’d have over a thousand people.’

‘I never knew you had that many people in your industry. But here we are. And if you’re, in fact, if you look, come to think of it. Well, I gotta look at this myself,’ Trump said as he got up from his chair to peek out of a window in the East Room, looking out to where the ballroom is under construction.

‘Wow. What a, what a view. This is the door to the ballroom,’ he continued. 

Trump remarked that it was an ‘unusual time to look’ out in the ballroom, which earned chuckles, and then invited the ‘fake news’ to check out the progress. 

Trump announced in October 2025 that construction had begun on the ballroom after months of the president floating the planned project to modernize the White House. The project does not cost taxpayers and is privately funded, the White House reported.

Photos of the demolition crew dismantling the East Wing’s facade circulated on social media and in news reports in October 2025, sparking outrage from Democrats and other Trump critics who argued the president was ‘destroying’ the White House. 

Trump said Friday the construction is ahead of schedule. The White House said the ballroom will be ‘completed long before the end of President Trump’s term’ in 2029. 

‘We’re ahead of schedule in the ballroom and under budget. It’s going to be … I don’t think there will be anything like it in the world, actually. … This is, as you know, our biggest room, which would seat 100 for dinner, maybe, if you’re lucky, if you’re … nice and tight.

‘And the ballroom will seat many, and it’ll also take care of the inauguration with bulletproof glass, drone-proof ceilings and everything else, unfortunately, that today you need.’ 

The president repeatedly has remarked that the White House’s current rooms do not accommodate large crowds for dinners and other public events. 

Trump hosted nearly two dozen oil executives at the White House Friday to discuss investment in Venezuela after the U.S. military’s successful capture of the nation’s dictatorial president, Nicolás Maduro, Saturday. 

The lengthy lineup of oil companies includes Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy and Hilcorp.

Vice President JD Vance, Secretary of State Marco Rubio, Secretary of Energy Chris Wright and Secretary of the Interior Doug Burgum also attended the meeting. 

‘The plan is for them (oil companies) to spend at least $100 billion to rebuild the capacity and the infrastructure necessary,’ Trump said during the meeting. ‘Venezuela has also agreed that the United States will immediately begin refining and selling up to 50 million barrels of Venezuelan crude oil, which will continue indefinitely. 

‘We’re all set to do it. We have the refining capacity, (which) was actually based very much on the Venezuelan oil, which is a heavy oil, very good oil.’

This post appeared first on FOX NEWS

previous post
Trump wears ‘happy Trump’ pin alongside American flag during White House oil executive meeting
next post
Grassley presses FBI over Trump Arctic Frost probe name, calls change ‘anything but random’

Related Posts

China’s energy siege of Taiwan could cripple US...

November 18, 2025

Tearful chair of Munich Security Conference expresses ‘fear’...

February 18, 2025

‘Dead of night’: Dems accuse GOP of cowardice...

May 20, 2025

White House sends mixed signals in Russia ‘hoax’...

July 25, 2025

Why Justice Jackson is a fish out of...

July 2, 2025

Jackson’s scathing dissent levels partisan charge at colleagues...

August 23, 2025

Jack Smith subpoenaed for deposition with House Judiciary...

December 4, 2025

Biden cover-up probe heats up as another ex-White...

July 12, 2025

‘Twisted irony’: Democrats risk betraying their own pet...

November 8, 2025

Don’t worry. There is a common sense response...

January 12, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • NATO ambassador says Europe ‘has a tendency to overreact’ over Greenland dispute
  • Khamenei calls Trump a ‘criminal,’ blames him for deadly protests sweeping Iran
  • Democrat insider rips Mamdani bidet hopes for Gracie Mansion, cites Trump White House bathroom reno hypocrisy

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    January 18, 2026
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    January 18, 2026
  • NATO ambassador says Europe ‘has a tendency to overreact’ over Greenland dispute

    January 18, 2026
  • Khamenei calls Trump a ‘criminal,’ blames him for deadly protests sweeping Iran

    January 18, 2026
  • Democrat insider rips Mamdani bidet hopes for Gracie Mansion, cites Trump White House bathroom reno hypocrisy

    January 18, 2026
  • Former Iranian prisoners reveal torture horrors as regime kills protesters on sight during crackdown

    January 18, 2026

Editors’ Picks

  • 1

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 2

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 3

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 7

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
Promotion Image

banner

Categories

  • Business (605)
  • Investing (2,837)
  • Politics (3,470)
  • Stocks (1,032)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2026 bullhedging.com | All Rights Reserved