No. of Recommendations: 3
so again, how can us bystanders join in the SPR grift...Again, do you really think "they" will leave a piece of the action for we Proles, vs grabbing everything for themselves?
On the wire tonight.
Venezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says
Venezuelan interim authorities have granted U.S.-backed North American Blue Energy Partners, or NABEP, 100-year concessions for 17 oil fields, with proven reserves of about 65 billion barrels, the White House said on Monday.
NABEP is the second-largest private oil producer in Venezuela. The company has granted the U.S. Department of War’s Office of Strategic Capital an equity stake of 35% in its corporate parent, according to the White House, representing up to “hundreds of billions in value and dividends for the United States.” cnbc.com - Venezuela grants north american blue energy partners year concessions for oil fields white house saysWhile the company is said to be producing about 200,000bpd, it's web site is about useless.
The company is controlled by Alejandro Betancourt. That is a name I have seen connected with the industry in VZ, and the Trump's regimes efforts to get it's hands on the oil. The Wiki entry on him says he is trying to get the Trump regime to persuade Swiss authorities to drop their money laundering investigation.
Steve
