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Author: Steve203 🐝  😊 😞
Number: of 75957 
Subject: more "deregulation"?
Date: 03/18/26 9:43 PM
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Vice President Vance to meet with oil industry as White House plans more actions to address fuel prices

Vice President JD Vance and Energy Secretary Chris Wright will meet Thursday with the oil industry as the White House looks for ways to address surging fuel prices.

U.S. governors and bipartisan leaders in Congress will also attend the meeting at the American Petroleum Institute in Washington. API is the lobby group that represents all the big U.S. oil and gas companies.

The attendees will discuss “supporting reliable energy supply amid global volatility,” a spokesperson for API told CNBC.


https://www.cnbc.com/2026/03/18/vance-oil-industry...

Big oil is run by "JCs". What do "JCs" do? Promise you everything you want to hear, if you, first, give them everything they want. So the government will give big oil all the "support" it asks for. The reciprocating promises the "JCs" made, will then be immediately forgotten.

Meanwhile, from the stable genius:

Trump Suggests U.S. Could ‘Finish Off’ Iran And Let Other Countries Secure Strait Of Hormuz

Posing the question in a Truth Social post, Trump suggested the move would force “some of our non-responsive ‘Allies’ in gear, and fast”—days after European and Asian allies seemed hesitant to join a military coalition to protect the waterway.

Trump insisted the U.S. doesn’t “use” the Strait of Hormuz, but Iran closing the strait has heavily impacted global oil prices—driving the Brent crude oil price to $108.43 on Wednesday morning.


https://www.cnbc.com/2026/03/18/vance-oil-industry...

Blow up the entire Persian Gulf, then walk away. Brilliant! Staggeringly profitable for USian big oil.

Steve
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