Biggest Banner, Penny-Warrant Delivery

The administration calls the NABEP deal 'the biggest oil deal in world history.' The actual instrument, senators warn, is penny warrants to a company whose leader faced international money-laundering investigations, going through a Pentagon office that probably cannot legally do this.

Unsigned MSI house political cartoon: Biggest Banner, Penny-Warrant Delivery

Source article: Senate Democrats challenge Pentagon's 35% stake in Venezuelan oil producer.

Column metadata
Published
Pen name
Editorial Board
Topic tags
energy and resource, government, international relations, politics, law
Storylines
us-venezuela-oil-agreements
Primary entities
Senate Democrats, North American Blue Energy Partners, Pentagon, Office of Strategic Capital, Marco Rubio, Pete Hegseth, Chris Wright, Jeanne Shaheen, Jack Reed, Martin Heinrich, Elizabeth Warren, Alejandro Betancourt, Delcy Rodriguez, Nicolás Maduro, Venezuela, Strategic Petroleum Reserve, House Democrats
Themes
Congressional oversight, Executive-legislative authority, Government investment authority, Venezuela oil sector, Pentagon legal authority
Floor values engaged
Accountability of power, Informed citizenship