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Tue Dec 20, 2016, 10:59 PM

Trump's Pro-Russia/Big Oil Agenda - Making The US Guzzle Again!

Trump's proposed policies are a study in disaster capitalism, as Trump pursues policies designed to increase oil demand, increase oil prices, and allow domestic oil companies to drill for more oil in the artificially inflated oil market that Trump's policies are designed to create. It is not an accident. It is part of the plan to fleece American consumers for the benefit of Trump's Russian and Oil Industry sponsors:

1. Under President Obama, even though domestic oil production grew in the U.S.:



2. But, gross and per capita oil consumption fell:



3. And the Iran Nuclear Deal further put downward pressure on oil prices:

https://www.ft.com/content/23fc0200-55ad-11e3-96f5-00144feabdc0

Iran nuclear deal pushes oil prices lower

Thus, even though oil production grew under President Obama due to greater efficiency in oil production and the Iran nuclear deal, consumption went down in the U.S. despite falling gas prices due in large part to the Obama administration's increased auto efficiency standards and emphasis on renewable energy.

4. However, Trump has proposed to scrap fuel efficiency standards:

http://www.latimes.com/business/autos/la-fi-hy-trump-electric-vehicles-20161121-story.html

Under Trump, fuel economy standards for cars and trucks may be scaled back

5. Scrap the Iran Nuclear Deal:

http://www.forbes.com/sites/timdaiss/2016/11/22/trumps-iran-deal-rhetoric-israelis-say-not-so-fast/#7341a4fa61c6

Trump Pledges To Rip Up Iran Deal

6. While allowing oil companies to drill for more oil in environmentally sensitive areas in order to meet the increased demand and rising oil prices due to Trump's afforementioned actions:

http://www.usatoday.com/story/money/columnist/2016/11/13/what-trumps-pro-drilling-stance-means-oil-gas-industry/93650360/

What Trump's pro-drilling stance means for oil, gas industry

7. And, with Rex Tillerson as Secretary of State, oil exploration in Russia will expand allowing Russia to gain more influence over an increasingly oil dependent U.S:

http://time.com/4599771/russia-donald-trump-secretary-of-state/

Why Russia Is Excited About Donald Trumpís Pick for Secretary of State






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Reply Trump's Pro-Russia/Big Oil Agenda - Making The US Guzzle Again! (Original post)
TomCADem Dec 2016 OP
KittyWampus Dec 2016 #1
TomCADem Dec 2016 #3
golfguru Dec 2016 #2
TomCADem Dec 2016 #4

Response to TomCADem (Original post)

Tue Dec 20, 2016, 11:06 PM

1. I don't understand. Yes, Russia and OPEC and US Petrol want oil prices to rise...

 

but wouldn't putting more oil online increase supply and not the price?

I am pretty sure that oil price increases = recession.

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Response to KittyWampus (Reply #1)

Tue Dec 20, 2016, 11:17 PM

3. This Is Why You Need To Tear Up The Iran Deal and Create Chaos in the Middle East...

Indeed, while most folks think that Bush was pro-oil, which he was, domestic oil production actually fell despite the U.S. being engaged in the Iraq war, which further put upward pressure on oil prices. Finally, despite rising oil prices, oil consumption grew under Dubya who paid lip service to energy efficiency.



Put another way, the ideal situation for U.S. oil companies is to cripple oil production in areas that you do not control (Iran), increase demand by weakening energy efficiency regulations, and increase your flexibility to meet rising demand through greater rights to drill for oil either domestically or through areas that you control such as through partnerships with Russia. Also, some areas of the U.S. would benefit from rising oil prices such as the Gulf States, which are reliably red.

For example, look at how George W. Bush's favorite company Enron triggered power blackouts in California in order to inflate electricity prices in order to secure lucrative long term deals:

https://www.theguardian.com/business/2005/feb/05/enron.usnews

Tapes reveal Enron's secret role in California's power blackouts

This is all about very sophisticated market manipulation to maximize profits.





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Response to TomCADem (Original post)

Tue Dec 20, 2016, 11:11 PM

2. More oil production lower petrol prices! No??

 

I can finally afford a gas guzzler SUV! Bring on lower gasoline!!

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Response to golfguru (Reply #2)

Wed Dec 21, 2016, 12:42 PM

4. Trump Will Fight Freedom Robbing Auto Efficiency Standards...

...under the guise of reducing regulations to promote consumer choice and lower prices. Also, incentives to purchase hybrids and electric cars will be eliminated as needless waste. Together, Trump will reverse the decline in US oil consumption in order to increase oil demand and prices in order to make the Koch brothers happy.

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