Quote:
Originally Posted by microbet
When thinking about politics, economics and Venezuela never forget that they have the most proven oil reserves of any country in the world.
I know of big 2 oil-related dealings that involve Trump & Putin, and some less significant ones involving fringe guys like Carter Page and lots of US government changes that favor big oil and Russia's dealings. The big ones...
1) RU company Rosneft was on the verge of closing a tremendous $500 billion oil deal with ExxonMobil's CEO at the time, Rex Tillerson. Sanctions got in the way and the deal has been on hold since I think 2014. I'm also pretty sure these are the same sanctions Mike Flynn was caught on tape discussing with Kislyak in December, and Trump focused intently on removing his entire 1st and 2nd week in office. From what we know, Magnitsky sanction relief wasn't brought up until the June 9th Trump Jr/Jared/Manafort/5 Russian meeting about "adoptions" + 29 more minutes of other ****.
2) Trump's oil discussions with Saudi Arabia and the UAE, followed quickly by Putin's cyberpropaganda attack on Qatar, causing a major rift between Qatar and the other oil countries that Trump immediately stood strongly behind, even after he learned that the US has financial interests and military base(s) in Qatar, and after learning the whole thing was based on Russian fake news. The rift's oil involvement was significant, but not as much as natural gas.
There's also a large amount of benefit to big oil when Trump pulled out of the Paris Accord. We lost bigly, our allies lost bigly, our built-up "green power" industry lost bigly, the planet lost bigly, and Putin, China and India came out ahead.
There was also a claim Trump rattled off at several rallies during the campaign, that we absolutely need to change US oil (and natural gas, and "CLEAN" coal) regulations to support the amazing rust belt discovery of 50 trillion dollars (!) of previously hidden oil reserves. #MARA
This subject reminds me of a July LA Times op-ed I saw like 10 days ago about cabinet member Scott Pruitt and the EPA he's directing:
EPA’s Scott Pruitt is Trump’s most adept and dangerous hatchet man
We've seen a lot of Pruitt on all the news shows and doing Q&A at WH press briefings with both Spicey and Huckabeast. Almost all of those events and their details are not in this article. He's quite a work of art.