Trump Asks Putin for Help in Oil War

Author: 

John ChuckmanMr. Hack ,  Digital Samizdat  , JL  ,  anon[491] , Tom Verso , restless94110 , Realist  ,  Miro23      

 

 

 

Date: 
Friday, April 3, 2020 - 21:30
Article link: 

 

Not only is Trump generally inept, he doesn’t have the brains to understand that has no leverage here at all.

Good-bye American shale oil.

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Mr. Hack says:

So why doesn’t Trump call Saudi King Salman first to get him on board to start the process of stabilizing oil prices at a higher price? If the Saudis were the first to start this price deescalation, and the last that I checked they were a US ally, this would make sense?

Does Trump covet his own photo opp with Putin walking hand in hand down the proverbial rose garden?

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Trump’s not really in charge of (((America’s foreign policy establishment))) anyway, so what’d be the point of cutting a deal with him?

OT

Twitter Inc. now feels free to censor the president of Brazil:

https://www.rt.com/news/484441-bolsonaro-coronavirus-twitter-ban/

Full disclosure: I’m no fan of Bolsonaro, although I happen to agree with him on this flu-hoax. But the main point is this: if Twitter can now censor foreign heads of state, how long will it be before they start censoring our own?

Someday, Trump may have to start making his posts on VK!

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@Mr. Hack

 

He’s got that weird picture of himself holding onto some glowing orb along with Gen. Sisi of Egypt and the King of SA:

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JL says:

There’s no deal to be made with the Americans, they are not agreement capable, have nothing to offer, and their foreign policy has more heads than a hydra. They understand only force, so that is what is being used against them. As they did to Russia in 2014, so will be done to them: kick them while they are down and keep kicking them so they don’t get back up again.

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anon[491] • Disclaimer says:

Naturally, Whitney misses everything.

First, the US has claimed for decades that it can’t regulate US production, because of anti trust law, politics or whatever. Meanwhile 13 million bbls/day are crammed down OPEC+ Russia throat.

Trump has finally got the memo that the US is the Worlds largest producer as well as the largest consumer and needs reasonably stable prices.

The Texas Railroad Commission (which traditionally regulates Texas Oil and Gas) has openly met with OPEC, which would have gotten them thrown in jail (anti free market) a year ago. They can reduce Permian production.

Putin needs Trump’s help with Saudi Arabia. The Saudi led price war is pain all around.

The US oil industry wouldn’t mind seeing the weakest smaller producers wiped out.

It’s not Putin/Russia vs Trump/US. It is the US (and ROW) vs Saudi Arabia. Needless to say, the US has levers wrt KSA, but needs Russia’s agreement.

It’s all part of the routine producer cartel haggling. But for the first time, the US is being forced to either behave like a producing nation, or cease being one one.

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Tom Verso says:

Over at Russian Insider (https://russia-insider.com/en ) 3/30/20 there is a very thought provoking recording from The Right Stuff network’s FTN program, about the profound Jewish dominance of American (Western) corporations. Specifically BlackRock!
(“This Huge Jewish Finance Firm Just Took Over the US Treasury and Fed – Blackrock” https://russia-insider.com/en/huge-jewish-finance-firm-just-took-over-us-treasury-and-fed-blackrock-transcript-audio/ri28494).

It is a truly profound ‘description’ of the amazing Jewish economic power in the US (but, by implication the whole of West. Civ. because their power takes the form of control of international corporations and American financial agencies Fed and Treaury.)

That economic power translates into political (rather there is a recipical relation; political yields economic and economic yields political). It is safe to assume that American international relations are predominately determined by the Jewish Nation within Western Civilization.

The Jewish Nation is the dominate nation in the West. Whereas England was dominate in 19th century; America in the 20th and now in the 21st the Jewish.

Accordingly, when analyzing the causes of American and other Western policies (economic, military, international relation) one should ask oneself: How does the Jewish Nation benefit from the policy? For example, policies about Russian and China relations.

When Trump called Putin (3/29/20), he was de facto articulating the tacit interest of the Jewish Nation. What he proposed to Putin is what the leaders of the Jewish Nation judge to be in the best interest of their Nation.

What he talked about is largely secret. However, the two predominate world issues at the time are the Coronavirus and the crashing oil prices. It does not seem that there is much they can share about the virus that could not be handled at lower minister levels. But, the oil situation has profound economic implications that they both can have an affect on.

Ergo, one can infer; what they talked about is what is in the best interest for the Jewish Nation regarding the oil market? For example, how is the present market conditions affecting the Jewish Nation’s primer corporation BlackRock? Pursuing this line of inquire, one can make logical probabilistic inferences about what offers and counter offers were made.

For example, there is common speculation that Trump called Putin because the present oil market is having a profound negative affect on the US shale industry. That is a reasonable speculation. But, is the shale industry the most important economic issue for BlackRock and by extension the Jewish Nation. It may be that the political and economic conditions in Saudi Arabia and Armco are more important. This can be determine probabilistically by a careful analysis of financial press over the past year or so.

Journalist posit today’s causality based on explicit yesterday’s news. Historians seek causality based on a much longer timeline and tacit implications.

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Unless Trump reins in his “advisors” he won’t be able to commit to any of the conclusions at the end of your article. They will sabotage anything like that that Trump may agree to.

Trump is the opposite of inept. Get a clue.

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Realist says:

@John Chuckman

Not only is Trump generally inept, he doesn’t have the brains to understand that has no leverage here at all.

Good-bye American shale oil.

There will come a day, perhaps soon, when many of the countries the US has shit on…will seek revenge.

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Miro23 says:

In any event, it’s extremely unlikely that Putin will agree to reduce oil production in exchange for the lifting of economic sanctions. That’s not what he wants at all. What Putin wants from Washington is far more comprehensive. He wants the US to rejoin the community of nations so they can deal collaboratively on critical issues like war, pandemic, nuclear proliferation and global security. He wants a reliable partner that will play by the rules, comply with international law, stop the bloody regime change wars, respect the sovereignty of other nations, and lend a hand with global crises.

Trump’s 2016 electoral platform went some way towards this. It was enthusiastically welcomed by the US public – despite extreme MSM/Deep State opposition.

At the time, Trump did propose constructive engagement with Russia.

Putin knows this, and also that Jewish power has neutralized Trump. The MSM propaganda department is currently demonizing Russia – so no great expectations on Putin’s part to get anything from the US. Russia already has the US down as “non-agreement capable” and together with China they are building up their military as defense against this rogue state.

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The oil price war is Saudi Arabia’s doing, not Putin’s.

Putin disagreed with a Saudi offer that they both cut production to raise prices (before all of this).

The Crown Prince then decided to flood the markets.

Putin thought that was just fine, because he’d like to see Shale Oil driven out, but it wasn’t his doing, although a lot of inaccurate articles have claimed otherwise.

So, he is in the honest position to tell Trump, you’ll have to talk to the Crown Prince, who is a very stubborn man.

 

Own comment: 

It is my sincere hope that Putin will not come to the aid of any industry in the U.S. by lowering oil output. The U.S. has done nothing but try to destroy Russia's economy and this is Vladimir Putin's big chance to show that the U.S. is not invulnerable and to prove to them that they cannot do things without repercussions.