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Big Oil Begins To Worry About Trump’s Wall
Oilprice.com ^ | 18-07-2016 | Wall of China

Posted on 07/18/2016 11:14:56 AM PDT by bananaman22

Donald Trump’s idea to build a wall along the southern border of the U.S. has been called everything from controversial to harebrained, but—to the likely dismay of some of the oil majors—it’s now officially part of the Republican Party’s platform.

As it turns out, the idea has been on the GOP table for a while, and Trump was just the man to voice it loudly and persistently enough. Trump’s wall is on the agenda, should he become president.

A wall stopping people and vehicles from illegally crossing into the U.S. may appear to be a simple and effective solution to illegal immigration, but it sure won’t sound so good to Marathon Oil, Anadarko Petroleum, Exxon, Chevron, Kinder Morgan and their peers. The reason: since Mexico liberalized its energy market back in 2014, it has become an attractive investment destination for U.S. energy companies.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: 2016issues; bigoil; energy; mexico; trump; wall
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To: Sequoyah101
And then the investment in that crap hole of corruption will be made by WHOM?

Europe. China. Maybe even Canada.

21 posted on 07/18/2016 11:53:04 AM PDT by Lower Deck
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To: bananaman22

I have a logistical question about building a wall between Mexico and the U.S.

The Texas/Mexico border is the center of the Rio Grande River, extending 1250 miles from El Paso to Brownsville.

Is the wall going to be build in the middle of the river? We can’t build it on the Mexico side, because Mexico would be within their rights to tear it down. If we build it on our side, then it would cut off access to the river, which ranches on this side depend on for water.

Seriously, I am all for stopping Obama’s flood of illegal aliens and deporting the illegal aliens that have already crossed. I just think this issue needs to be clearly addressed or it opens up the entire wall issue to attack.


22 posted on 07/18/2016 11:54:52 AM PDT by Bubba_Leroy (NeverHillary)
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To: MaxistheBest

“I am not going to sacrifice our national security for the sake of someone’s stock options. “

Which is exactly what our sellout politicians have been doing for decades.


23 posted on 07/18/2016 11:56:07 AM PDT by Blood of Tyrants (Socialism is always just one or a thousand or a million more murders away from utopia.)
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To: Lower Deck

And our people can’t compete against china when they want in. We have to comply with FCPA and they don’t.


24 posted on 07/18/2016 12:00:44 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: Sacajaweau

I agree. So what if they want to invest in Mexico? A wall is not going to stop it. What they are really thinking is that they don’t want to lose their source of illegal workers.


25 posted on 07/18/2016 12:16:10 PM PDT by Brilliant
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To: bananaman22

Wow, my IQ dropped five points reading this idiotic article. The author posits:
1. No government in their right mind would continue doing business with someone who’s building walls along their common border.

2. [The wall] carries some drawbacks for American business, a lot of lost profits, and the need to expand the search for new markets.

No proof, no data, no relevant examples, no extrapolations from known facts...just believe the author’s wild speculations. Stupid beyond belief.


26 posted on 07/18/2016 12:33:07 PM PDT by ProtectOurFreedom
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To: bananaman22

If Hillary gets elected all Big Oil will belong to the Clinton foundation after she arrests all the real owners


27 posted on 07/18/2016 12:47:09 PM PDT by butlerweave
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To: bananaman22

These are multinational corporations. Who gives a crap?


28 posted on 07/18/2016 12:58:18 PM PDT by montag813
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To: Sacajaweau; bananaman22

Very lame.

First, ILLEGAL crossings have nothing whatsoever to do with the oil trade.

Second, investments in Mexico are very safe for the oil majors - the DESPERATELY need the money, and definitely can’t drill it themselves in any kind of efficient way. Hell, their production was declining in an era of fracking and other techniques to more reliably find oil and get it out of the ground. They are utterly incompetent, and NEED our majors to survive.

What’s the next argument, that the big oil companies really want (fracking ban) Hillary? Hahahahahahahahahaha!


29 posted on 07/18/2016 1:27:53 PM PDT by Ancesthntr ("The right to buy weapons the right to be free." A. E. van Vogt)
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To: Sacajaweau

Indeed if anything it’s 180 out.


30 posted on 07/18/2016 1:46:41 PM PDT by Vaduz (women and children to be impacted the most.)
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To: MaxistheBest

The article is crap. No need to get worked up about it.


31 posted on 07/18/2016 2:10:40 PM PDT by rwh
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To: Political Junkie Too

Your instincts seem right on Junkie Too. Having read Oilprice.com for some years because they often publish articles that remind of the Marxist left dealing with nuclear power. Having had some first-hand experience with the better-informed Marxists like Presidential Science Advisor John Holdren I became skeptical and tried to find out who was behind them.

When the chief editor of a presumably business and financial journal has no public background there should be questions. When they repeatedly publish politically biased and misleading articles about energy sources, but hide behind a business and technology which abounds with petroleum specialists skepticism is warranted.

Oilprice.com cleverly conforms to the “inevitability” of “soft” energy, solar, wind, and the old shibboleth, increasing efficiency. Billions of dollars have been spent on energy propaganda, on political energy and environment divisions in colleges, on study after study, drawing from the same nonsense and depending upon the naivety most of the public who are vulnerable to such propaganda because they know little about the technology and have been indoctrinated over decades.

I couldn’t find who was funding oilprice, but there is so much money being disbursed by he left and its many foundations, oilprice.com, which seems to originate from a suburb of London. could be one guy, in a home office, who may get a stipend from the Natural Resources Defense Council or some similar operation, and maintains the illusion for many that oil is inevitably being replaced, along with coal, by environmentally benign “free” alternatives. It is a small part of an enormous industry. It helps to soften the ignorant who, in California, accept fraud sold as carbon credits that suck a bit more from what remains of productivity to improve the incomes of clever frauds like Al Gore of Kleiner Perkins, whose father’s career was sponsored by Lenin’s personal friend and oil magnate Armand Hammer. That is a fascinating story (read Edward Epstein’s articles and book), tying Gore, father and son, to all sorts of oil pay-to-play operations benefiting Hammer’s Oxydental Petroleum. Oilprice.com appears to be minor propaganda business.


32 posted on 07/18/2016 2:19:27 PM PDT by Spaulding
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To: bananaman22

Don’t blame Trump...it’s the illegals who are breaking the law.

I’m sure the “big oil” companies can figure out a workaround.


33 posted on 07/18/2016 2:23:14 PM PDT by FrankR (You're only enslaved to the extent of the charity that you receive!)
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To: bananaman22

Don’t blame Trump...it’s the illegals who are breaking the law.

I’m sure the “big oil” companies can figure out a workaround.


34 posted on 07/18/2016 2:23:17 PM PDT by FrankR (You're only enslaved to the extent of the charity that you receive!)
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To: bananaman22

TRUCKER: Let us through, it’s Ice Cream.


35 posted on 07/18/2016 6:37:52 PM PDT by aimhigh (1 John 3:23)
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