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Author: Goofyhoofy 🐝🐝 HONORARY
SHREWD
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Number: of 75961 
Subject: And this is why nobody trusts us
Date: 03/12/26 8:50 AM
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No. of Recommendations: 16
Today’s Wall Street Journal

President Trump’s Head-Spinning Pivot on an Emergency Oil Release
In a matter of hours, the White House changed its position and pushed allies to move forward with a massive oil market intervention


In a rapid reversal that left U.S. allies stunned, the Trump administration shifted from opposing the largest-ever intervention in oil markets to cajoling allies into moving forward with the maneuver in a matter of hours.

Tensions in the global oil market seemed to be easing on Tuesday just as Western governments and their allies were debating a major release of emergency oil reserves to calm prices. President Trump said the war with Iran would be over soon, and some European nations were questioning whether governments should intervene at all, U.S. and European officials familiar with the discussion said.

According to the officials, U.S. Energy Secretary Chris Wright gave his counterparts in the Group of Seven nations the White House’s position Tuesday morning: A massive intervention in oil markets was premature because the price of oil had recently dipped below $90 a barrel.

Less than two hours later, U.S. officials reversed their earlier position and pushed their counterparts for a major release of oil, said people familiar with the matter. The 180 degree turn was entirely due to a change of heart by President Trump, said a senior administration official.

Wright’s earlier stance reflected Trump’s views, according to


https://www.wsj.com/business/energy-oil/president-...
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Author: Steve203 🐝  😊 😞
Number: of 75961 
Subject: Re: And this is why nobody trusts us
Date: 03/12/26 11:08 AM
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And how is that USN escort service doing?

Energy Secretary Wright says U.S. ‘not ready’ to escort oil tankers through Strait of Hormuz yet

“It’ll happen relatively soon but it can’t happen now,” Wright said. “We’re simply not ready. All of our military assets right now are focused on destroying Iran’s offensive capabilities and the manufacturing industry that supplies their offensive capabilities.”

Wright said it is likely that the Navy will be in a position to escort tankers by the end of this month. “I’ll be over at the Pentagon later today — that is what the military is working on,” the Energy secretary told CNBC’s “Squawk Box.”


https://www.cnbc.com/2026/03/12/energy-secretary-w...

Those rugged Perry class frigates that served so well, have all been retired or sold to other nations. The LCS program was an abortion. The Constellation class frigate program was an abortion. So we don't have any ships to perform that mission, unless we strip the Burke class DDGs off of the carrier groups, leaving them vulnerable.

Thank decades of DoD procurement being a "JC" enrichment program, rather than actually getting anything built.

Steve

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Author: EchotaBaaa   😊 😞
Number: of 75961 
Subject: Re: And this is why nobody trusts us
Date: 03/12/26 11:11 AM
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I'm still amazed that we didn't have this stuff, turn-key ready to go months, if not years ago.

We really are Rome.
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Author: PucksFool 🐝  😊 😞
Number: of 75961 
Subject: Re: And this is why nobody trusts us
Date: 03/12/26 1:19 PM
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He need to be impeached.
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Author: Steve203 🐝  😊 😞
Number: of 75961 
Subject: Re: And this is why nobody trusts us
Date: 03/12/26 1:38 PM
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He need to be impeached.

Trump the Most Perfect was impeached, twice, He beat the rap both times, including when he tried to overthrow the government. He is not afraid of being impeached.

And SCOTUS has said he can't be criminally charged.

He is completely unaccountable.

STeve
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