Article Summary

This article is not considered a psychological operation. It reports on a controversial deal in which the U.S. Pentagon has acquired a 35% equity stake in a private oil company, North American Blue Energy Partners, which holds long-term rights to 17 Venezuelan oil fields, giving the U.S. government significant control over a portion of Venezuela's vast oil reserves; the arrangement, involving no cost to taxpayers but granting the U.S. extensive oversight and purchasing rights, raises historical and ethical questions about the government's role in foreign energy ventures.