Julia Simon
speaker
857 appearances
77 recordings
3 series
first heard Nov 2024
last heard 3 Sep
Julia Simon’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 70 in all, peaking in Jul 2026 with 12.
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The company is called North American Blue Energy Partners.
Behind the company is forty six year old Alejandro Betincourt, who has faced multiple investigations in Spain, Switzerland, and the US for money laundering.
He has not been formally charged.
While Betancourt's company has experience in some types of oil fields, oil experts tell MPR it's unclear if it has the experience to develop the complicated geological formations under discussion in the Trump deal.
That means the company may need more know-how and investment to develop the fields.
But as some energy analysts tell MPR, many oil companies may not want to work with Betancourt's company.
given the reputational risk.
Julia Simon, MPAR News.
Oil experts say the idea that this deal would reduce gas prices was quote absurd.
It's not clear when this oil would actually be produced.
Again, it's oil in reservoirs, it's underground.
So there is no connection to gas prices right now.
This may sound like a lot, but Pasha Madhavi, he's associate professor of political science at University of California, Santa Barbara, and he says there's more to the story.
In a post on True Social, President Trump says that the New Deal, quote, more than doubles American oil reserves and quote, will substantially lower gas prices for all Americans.
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But while these are proven oil reserves in Venezuela, there's a lag time of years between producing that oil and getting it to market.
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Many of the details of the deal are unclear.
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But what is significant, oil experts say is that the U.S.
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would have.
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Have majority control of the oil reserves.
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