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The plan was for it to stay closed and have the US sell oil. The US is now exporting more oil than it has in a decade. Why can none of these supposedly smart
by jazz9k 5mo ago
The plan was for it to stay closed and have the US sell oil.
The US is now exporting more oil than it has in a decade.
Why can none of these supposedly smart people see this plan?
- lesuorac 5mo agoThere's no 4d chess plan here. Trump thought it would go exactly as Venezuela and has no idea how to fix it. They tried to kill enough of Iran's leadership to get to somebody that would be subservient but it turns out nobody is left alive in Iran that is.
- Jensson 5mo agoWell regardless this situation strengthens USA's economic position and weakens China, so its not a bad spot to be in. That it also strengthens Russia doesn't matter much since they are no longer seen as the great enemy, after their performance in the Ukraine war was lacking.
- slavik81 5mo agoChina is the world's largest exporter of alternatives to oil. This adventure has done nothing but strengthen their relative economic position.
- lesuorac 5mo agoHow? This only strengthens USA's oil sector and ideally we all know the perils of dutch disease. The weakening of every other american export for a dieing industry is not strengthing it.
- Jensson 5mo agoIt weakens China and Europe even more, so it strengthens USA compared to the rest of the world. That is why the US stock market is going strong.