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Dave Mattingly
Live from NPR News in Washington, I'm Dave Mattingly. President Trump is urging the major oil companies to make large investments in Venezuela following the ouster of the country's president, Nicolas Maduro. The U.S. military NPR's Camila Dominosky says it would cost billions of dollars to boost oil production in Venezuela.
Camila Dominosky
Getting Venezuela's oil out of the ground is not simple. Kevin Book is with Clearview Energy Partners.
Kevin Book
It's not just a geologic problem or an engineering problem, but a math problem.
Camila Dominosky
Would companies make back the money they put in? Is the country stable enough to invest? And thanks to an oversupply of oil, global crude prices are comparatively low right now. So these investments might might not be profitable at all without subsidies. On the other hand, there is a lot of oil in Venezuela, making it a good opportunity for future growth and the kind of crude that is abundant there, heavy crude would be welcomed by the US Refineries that have specialized equipment perfect for handling it. Camila Dominoski, NPR News.
Dave Mattingly
On Monday, Maduro and his wife, Celia Flores, pleaded not guilty to federal drug charges in New York. Their next court appearance is scheduled for March 17. In a post on social media, President Trump says Venezuelan authorities will be turning over 30 to 50 million barrels of sanctioned oil to the US which will then be sold at market price. Trump says he'll control the proceeds from the oil sales to ensure they benefit the people of venezuela and the U.S. trump says the arrangement has been coordinated with what he called Venezuela's interim authorities. A former school police officer in Uvalde, Texas, is on trial in connection with the deadly attack on an elementary school there nearly four years ago. David Martin Davies with Texas Public Radio reports on an unexpected turn in that trial.
David Martin Davies
Testimony has been halted in the trial of Adrian Gonzalez, the police officer accused of not taking action to stop, delay or distract the mass Shooter who killed 19 students and two teachers at Robb elementary in 2022. Stephanie Hale, who was a teacher at Robb Test, she saw the gunman on the south side of the school, the same area where Gonzalez was. This testimony had not surfaced in earlier interviews, prompting an immediate objection from defense attorneys who claimed this was a violation of prosecution's disclosure requirement. Judge Sid Harle will hear motion arguments which could lead to a mistrial. Victims families are upset that this could hurt the case against Gonzalez. I'm David Martin Davies in San Antonio.
Dave Mattingly
Wall street is coming off record high closes for the Dow and the S&P 500. The Dow added 484 points yesterday to finish above the 49,000 mark for the first time. That's a gain of nearly 1%. The S&P added 42 points to close at 69.44. The NASDAQ was also higher. This is NPR News. Nick Reiner is scheduled to be arraigned today in Los Angeles. He's facing two counts of first degree murder in the slayings of his parents, actor and director Rob Reiner, and wife, Michelle Singer Reiner. It's been a year since wildfires in Southern California left more than 30 people dead in and around Los Angeles and caused billions of dollars worth of damage. NPR's Liz Baker says LA's new fire chief has announced a new independent investigation into the department's response.
Liz Baker
The Palisades fire, which killed 12 people, started after high winds stirred up the remains of another blaze the LA Fire Department believed had extinguished one week earlier. In fact, it was still smoldering underground.
Jaime Moore
The outcome has made it incredibly clear that our mop up and verification process needed to be stronger. We have to own that, and I do.
Liz Baker
LA Fire Chief Jaime Moore, who was not in charge during the fires, says his department has made changes since, including use of thermal imaging and drones. He also announced a second independent investigation into the LAFD's response to both fires after acknowledging that the first report, which published before his tenure as chief, was heavily edited to shield department leadership from responsibility. Liz Baker, NPR News, Los Angeles.
Dave Mattingly
Among the handful of NFL head coaches to be fired this week was the Baltimore Ravens John Harbaugh. He coached Baltimore for 18 seasons, winning one Super bowl trophy. The Ravens were a favorite to return to the NFL's championship game this season, but finished with a record of 89 and missed the playoffs. I'm Dave Mattingly in Washington.
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Host: Dave Mattingly
Duration: ~5 minutes
Episode Summary:
This episode delivers fast-paced updates on major U.S. and international news: U.S. policy on Venezuelan oil after Maduro’s ouster, a high-profile school shooting trial twist in Uvalde, record Wall Street highs, devastating California wildfires, and NFL coaching changes.
A rapid roundup of significant headlines shaping U.S. and global affairs, with emphasis on Venezuela’s political upheaval, justice and accountability in Uvalde, disaster response in Los Angeles, and sports leadership shake-ups.
[00:17–01:18]
“It's not just a geologic problem or an engineering problem, but a math problem.” (00:45, Kevin Book)
[01:18–02:08]
[02:08–02:53]
[02:53–03:15]
[03:15–04:33]
“The outcome has made it incredibly clear that our mop up and verification process needed to be stronger. We have to own that, and I do.” (04:00, Jaime Moore)
[04:33–04:56]
“It's not just a geologic problem or an engineering problem, but a math problem.” (00:45)
“The outcome has made it incredibly clear that our mop up and verification process needed to be stronger. We have to own that, and I do.” (04:00)
Succinct, direct, and fact-focused, maintaining NPR’s neutral and efficient news delivery style. The episode covers sensitive justice, political, and disaster stories with measured gravitas, while pitching in significant new developments for listeners seeking the latest headlines.
This summary omits ads and sponsorship messages, focusing only on news content.