I enjoyed your detailed and comprehensive analysis of Obama’s 8 years. I am going to share something I heard today and my thoughts about what will happen in the future. You can tell me if you agree with my analysis. I was reading a story about the Trump/Putin relationship. The writer quoted some person saying that they had heard a high level Russian say Trump is Putin’s bixxx except the Russian word used was much worse. The article went onto speculate that Trump may have been secretly photographed in compromising sexual or other acts, which has enabled Putin to blackmail him.
So I asked myself, what is Putin really after that Trump can give him. The answer is high oil prices and a safe warm water port. As Secretary of State, Tillerson can work to arrange the situation favorably for Russia to maintain it’s warm water port in Syria. Regarding oil, Tillerson can probably do well in Cabinet meetings with energy and environment picks.
I suspect the Drill Baby Drill people are going to be disappointed. Cutting back on production will push prices higher which will make a lot of the people who voted for Trump quite unhappy and ultimately poorer. On the other hand they could do more drilling and keep prices down. This will not make Putin happy but will make the voting masses happy. It would also push a lot of small oil producers to economic failure and enable the majors to snap them us as a bargain.
If Tillerson sells all his Exxon shares, he will be free to handle matters however Trump asks him to. The big question is how subservient to Putin’s wishes will Trump be?
I can tell economics is not your forte. If oil prices climb, the marginal wells here in the US will reopen for production and domestic exploration will expand. The current low prices are tied to the Middle East cartels going full tilt to break the small well operators here and elsewhere. These are the allies of the Obama/Clinton crime families and they,not the Russians, have had a very heavy influence in American politics. Iran, Obama’s special Muslim pigs, are also dumping massive amounts of cheap oil to depress prices. This won’t last long because the glut is not as big as people think.
My PREDICTION: On day one President Trump will issue a shopping of EO’S getting rid of a lot of EO’S that Mr. Obama put out the last 8 years.
Listening to the Tillerson interrogation {at the moment] gives me the impression that we are already a quantum leap from the ineptness brought upon our foreign relations by Obama/Clinton/Kerry.