Authored by Kevin Stocklin via The Epoch Times, President Donald Trump has encouraged American oil companies to reinvest $100 billion in Venezuela to spur energy production and to rescue Venezuelans from desperate poverty. Oil companies, however, are taking stock of the decrepit state of Venezuela’s energy infrastructure after decades of communism, and seeing a number of critical impediments. “We’re going to have our very large United States oil companies—the biggest anywhere in the world—go in, spend billions of dollars, fix the badly broken infrastructure,” Trump stated in a Jan. 11 press conference following a meeting with top oil executives. Venezuela has the world’s largest known oil reserves, estimated by rating agency S&P at 300 billion barrels, which are located in a region along the Orinoco River called the Orinoco Belt. At its peak—and with investment and expertise from oil majors including Exxon Mobil, ConocoPhillips, Chevron, BP, Total, and Norway’s Statoil—Venezuela produced more than 3 million barrels per day and was America’s largest foreign supplier. America’s gulf coast refineries were built to process the heavy sour …