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I think like most people in power, he works to satisfy a domestic agenda. If he can use this to leverage a lower pump price, he wins. If he can gain traction wi
by ggm 8mo ago
I think like most people in power, he works to satisfy a domestic agenda. If he can use this to leverage a lower pump price, he wins. If he can gain traction with the oil companies in dispute over stranded assets and losses in Venezuela, he wins. It has nothing to do with anyone else, any global need, or intent.
That he can now choke oil entry to Cuba is only an added extra, Rubio in partiular will love that. It's causing extreme economic distress there.
There is no neutral arbiter, no single viewpoint declaring good or bad in these things. States act as they need to the situation they find themselves in. If it sounds amoral it is: there is no dimension of need for this to be decided on morals or even economics. It just advantages the administration right now, here, at this time, and tomorrow it may not but tomorrow is another day.
- SanjayMehta 8mo agoHe has expressed worry over the BRIC rumoured currency threatening even more tariffs for countries not using the dollar. Also, regional geopolitics aside, the oil companies are still mad about Iran's oil. The Israelis have been talking up a nuclear threat for decades, hasn't happened yet. It's always about oil. I have no sympathy for the Iranian regime, but if I was part of that gang, I would be frantically building nukes. Oil and no nukes is a bad combination.