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Trump Would Consider Halting U.S. Oil Purchases From Saudis: NYT
OANN ^ | March 26, 2016

Posted on 03/26/2016 4:36:39 PM PDT by Hojczyk

click here to read article


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To: DanMiller

yeah, and THAT little thing.

about Iran, good thing we coerced them to stop their brutality in order to get their 150 billion /s


41 posted on 03/26/2016 5:00:09 PM PDT by dp0622
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To: Hojczyk

Amen!
That said he’d need to also couple it with offsetting the balance between the shia and Sunnis...dear leader 0bama has altered that.


42 posted on 03/26/2016 5:00:42 PM PDT by CincyRichieRich (Trump is the ticket or the republic ends.)
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To: Starstruck

We have already pulled our base out of SA. Now they are protecting themselves, and the result is Iran has them nearly surrounded ans waiting for their nukes to strike. SA will probably invite China to protect them as China needs SA oil more than we do.


43 posted on 03/26/2016 5:01:55 PM PDT by Vince Ferrer
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To: Pelham

Andrew Jackson is very under-rated. An all-time great IMO.


44 posted on 03/26/2016 5:03:00 PM PDT by Disestablishmentarian (.)
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To: dp0622
What, you never heard about the Hermitage?

Jackson owned a couple of hundred slaves and grew cotton. That was BIG money back then.

45 posted on 03/26/2016 5:03:52 PM PDT by Alas Babylon!
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To: Joe 6-pack
Establishing energy independence would not only be a good thing in and of itself, but would also make it much harder for a big chunk of the bureaucracy to perpetuate itself.

Every NGO, Government Department, Charitable Organization, etc. IS LIKE ANY ORGANISM! They exist to GROW! Even when their "MISSION" is accomplished..., they will try to reinvent themselves to "SOLVE OTHER PROBLEMS"! Been there and, in a pitifully small minority, proposed eliminating ourselves and seeking other positions!

46 posted on 03/26/2016 5:05:21 PM PDT by ExSES (the "bottom-line")
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To: Hojczyk

I don’t know, the situation with the Saudi’s is complicated, with deals and agreements dating back to the 1970’s.

For one thing, the one thing keeping the US dollar from collapsing is that commodities, in particular oil, are priced in US dollars. Unless this was later retracted, we agreed to purchase Saudi crude if they only accepted dollars for their oil. In return we would provide military support when necessary.

Next, the entanglements we’ve got ourselves into in the ME since 2001 are close to spiraling out of control. Other than the Most High Himself, I don’t know what has prevented the whole place from becoming a nuclear wasteland.

It is not a cut-and-dried situation - all options and consequences must be considered carefully.

I don’t know if what Mr. Trump is proposing is right or wrong; good or bad in the short term or the long term.


47 posted on 03/26/2016 5:06:22 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Leaning Right

>>Trump hits another one out of the park.<<

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Yes.

Talk about calling out the emperor with no clothes!

SA IS NOT OUR FRIEND.


48 posted on 03/26/2016 5:08:20 PM PDT by Disestablishmentarian (.)
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To: Hojczyk

The Saudi prince that dressed Trump down for tweeting about him and Hillary may has something to say about that. He told Trump to shut up about Hillary, and he did. Something about bailing out several of Trump’s investments.


49 posted on 03/26/2016 5:08:57 PM PDT by 5thGenTexan
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To: Alas Babylon!

Wow! I always pictured him as a commonfolk who was loved by the rabble.

And a war hero.


50 posted on 03/26/2016 5:09:09 PM PDT by dp0622
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To: Hojczyk

I like it. Saudi Arabia wouldn’t be able to behave in such a reckless way if we weren’t providing all their defense.

Maybe they’ll spend a little less on building mosque all around the world to spread their evil cult.


51 posted on 03/26/2016 5:09:45 PM PDT by boycott (--s)
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To: Vince Ferrer
SA will probably invite China to protect them as China needs SA oil more than we do.

Iran is in Russia's pocket. Will China risk antagonizing them? It's in Russia best interest to keep the middle east destabilized as oil prices are important to their economy.

52 posted on 03/26/2016 5:10:37 PM PDT by Starstruck (I'm usually sarcastic. Deal with it.)
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To: Hojczyk
Before I retired, I worked in the oil industry 35 years.

Very bad move and position. By isolating our refining capacities to "specific" sources, our industry (refining) will pay anywhere between 10-25% extra for crude. I thought Donald made great deals.

53 posted on 03/26/2016 5:12:12 PM PDT by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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To: Mastador1

They could just sell it elsewhere through a third party like a great deal of the crude oil imported to the U.S. from Russia before the Iraq war was actually oil from Iraqi fields sold through Russian middlemen.


54 posted on 03/26/2016 5:12:34 PM PDT by erlayman (yw)
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To: eyedigress
Good.

How interesting that FReepers would agree that the President should have the power to decide unilaterally to decide whom we may do business with.

This used to be a conservative site. Government power over individuals wasn't welcome.

55 posted on 03/26/2016 5:12:46 PM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: sickoflibs

Um forgive my pig ignorance, who buys oil? Oil companies? What does that have to do with the President? What exactly does “halting U.S. Oil Purchases From Saudis” mean? A federal law banning Saudi oil or gasoline made from Saudi oil being sold in the United States?


56 posted on 03/26/2016 5:13:31 PM PDT by Impy (What planet is this?)
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To: dp0622

Likely is being generous.


57 posted on 03/26/2016 5:14:15 PM PDT by zek157
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To: Impy
What exactly does “halting U.S. Oil Purchases From Saudis” mean? A federal law banning Saudi oil or gasoline made from Saudi oil being sold in the United States?

While being president, maybe he also wants to be CEO of every E & P, and M & R operation.

58 posted on 03/26/2016 5:15:56 PM PDT by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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To: Forgotten Amendments

>>> Just what we need - higher gas prices

Actually, I think Trump and you are both mistaken. Petroleum is a very fungible resource, and so if we stop buying from SA, the market flow will automatically shift to accommodate, but everyone will still buy at approx. the same market price.


59 posted on 03/26/2016 5:16:56 PM PDT by XEHRpa
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To: zek157

Worked in those towers. They were beautiful!!

DEFINITELY is more like it and they didn’t get to feel our wrath, I’ll never know why!


60 posted on 03/26/2016 5:18:39 PM PDT by dp0622
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