Post #73337 by ges on the US Policy board

Shrewd'm.com

A merry & shrewd investing community

Search Politics

When reading a post with a keyboard, you can type the keys , and . to move backwards and forward between posts! You can also press 'return' to read through posts one at a time. There's freedom in Shrewd'm!

- Manlobbi

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 11

The Oil Tankers Trump Seized Are Costing the U.S. Millions of Dollars

Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.

The seizures have put the U.S. government in a financial bind. The ships are highly expensive to maintain. And the Trump administration cannot legally sell their oil without a judge’s permission.

Maintaining the seized tankers has already cost the United States tens of millions of dollars — in one case, $47 million in only three months — and complicates Mr. Trump’s claims of swift financial victories from his military operations targeting Venezuela and Iran.

The situation is laid bare in U.S. District Court in Washington, where Trump officials are detailing the financial burden of maintaining a seized tanker.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.