{"id":116470,"date":"2026-01-09T15:51:25","date_gmt":"2026-01-09T20:51:25","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-pauses-oil-exec-summit-to-peek-at-white-house-ballrooms-progress-116470"},"modified":"2026-01-09T15:51:25","modified_gmt":"2026-01-09T20:51:25","slug":"trump-pauses-oil-exec-summit-to-peek-at-white-house-ballrooms-progress","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-pauses-oil-exec-summit-to-peek-at-white-house-ballrooms-progress-116470","title":{"rendered":"Trump pauses oil exec summit to peek at White House ballroom&#8217;s progress"},"content":{"rendered":"<div>\n<p>President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a> 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&#8217;s construction.<\/p>\n<p>&#8220;Today I&#8217;m delighted to welcome almost two dozen of the biggest and most respected oil and gas executives in the world to the White House,&#8221; he said. &#8220;It&#8217;s an honor to be with them. We have many others that were not able to get in. I said, \u2018If we had a ballroom, we\u2019d have over a thousand people.'&#8221;\u00a0<\/p>\n<p>&#8220;I never knew you had that many people in your industry. But, here we are. And if you&#8217;re in fact, if you look, come to think of it. Well, I gotta look at this myself,&#8221; Trump said as he got up from his chair to peek out of a window in the East Room, looking out to where the upcoming ballroom is under construction.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/president-trump-says-wont-second-wave-attacks-against-venezuela-due-cooperation\" target=\"_blank\" rel=\"noopener\"><strong>PRESIDENT TRUMP SAYS THERE WON&#8217;T BE A &#8216;SECOND WAVE OF ATTACKS&#8217; AGAINST VENEZUELA DUE TO THEIR &#8216;COOPERATION&#8217;<\/strong><\/a><\/p>\n<p>&#8220;Wow. What a, what a view. This is the door to the ballroom,&#8221; he continued.\u00a0<\/p>\n<p>Trump remarked that it was an<i> <\/i>&#8220;unusual time to look&#8221; out in the ballroom, which earned chuckles, and then invited the &#8220;fake news&#8221; to check out the progress.\u00a0<\/p>\n<p>Trump announced in October 2025 that construction had begun on the ballroom, following months of the president floating the planned project to modernize the <a href=\"https:\/\/www.foxnews.com\/category\/politics\/executive\/white-house\" target=\"_blank\" rel=\"noopener\">White House<\/a>. The project does not cost taxpayers and is privately funded, the White House reported.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/us-may-involved-venezuela-years-trump-says\" target=\"_blank\" rel=\"noopener\"><strong>US MAY BE INVOLVED IN VENEZUELA FOR YEARS, TRUMP SAYS<\/strong><\/a><\/p>\n<p>Photos of the demolition crew dismantling the East Wing&#8217;s facade circulated on social media and in news reports back in October 2025, sparking outrage from Democrats and other Trump critics who argued the president was &#8220;destroying&#8221; the White House.\u00a0<\/p>\n<p>Trump continued Friday that the construction is ahead of schedule. The White House said the ballroom will be &#8220;completed long before the end of President Trump&#8217;s term&#8221; in 2029.\u00a0<\/p>\n<p>&#8220;We&#8217;re ahead of schedule in the ballroom and under budget. It&#8217;s going to be, I don&#8217;t think they&#8217;ll be anything like it in the world, actually. &#8230; This is, as you know, our biggest room, which would seat 100 for dinner, maybe, if you&#8217;re lucky, if you&#8217;re a nice and tight.&#8221;<\/p>\n<p>&#8220;And the ballroom will seat many, and it&#8217;ll also take care of the inauguration with bulletproof glass, drone proof ceilings and everything else, unfortunately, that today you need,&#8221; he continued.\u00a0<\/p>\n<p>The president repeatedly has remarked that the White House&#8217;s current rooms do not accommodate large crowds for dinners and other public events.\u00a0<\/p>\n<p>Trump hosted nearly two dozen oil executives at the White House Friday to discuss investment in Venezuela following the U.S. military&#8217;s successful capture of the nation&#8217;s dictatorial president, Nicol\u00e1s Maduro, Saturday.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/venezuelan-oils-return-could-impact-texas-refineries-gas-prices-nationwide\" target=\"_blank\" rel=\"noopener\"><strong>VENEZUELAN OIL\u2019S RETURN COULD IMPACT TEXAS REFINERIES AND GAS PRICES NATIONWIDE<\/strong><\/a><\/p>\n<p>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.<\/p>\n<p>Vice President JD Vance, Secretary of State Marco Rubio, Secretary of <a href=\"https:\/\/www.foxnews.com\/category\/energy\" target=\"_blank\" rel=\"noopener\">Energy<\/a> Chris Wright and Secretary of the Interior Doug Burgum also attended the meeting.\u00a0<\/p>\n<p>&#8220;The plan is for them (oil companies) to spend at least $100 billion to rebuild the capacity and the infrastructure necessary,&#8221; Trump said during the meeting. &#8220;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&#8217;re all set to do it. We have the refining capacity was actually based very much on the, Venezuelan oil, which is a heavy oil, very good oil.&#8221;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trump-pauses-oil-exec-summit-peek-white-house-ballrooms-progress\">Source &#8211; https:\/\/www.foxnews.com\/politics\/trump-pauses-oil-exec-summit-peek-white-house-ballrooms-progress <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-116470","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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