Post #55397 by Steve203 on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (41)

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

No. of Recommendations: 3

And, since Lord Trump cannot take Russian oil off the market, by punishing those who buy it, what is plan B for the enrichment of the oil companies? Take Iranian oil off the market? Take Venezuelan oil off the market?

Wiki oil exporters:

Russia 4.78Mbpd

Iraq 3.7Mbpd

US 3.6Mbpd

Iran .9Mpbd

Venezuela .48Mbpd

https://en.wikipedia.org/wiki/List_of_countries_by...

Recall, Rant #1 stated that the invasion of Iraq was to take Iraqi production offline, as Saddam was about to apply to the UN to have sanctions, which limited Iraqi exports, removed. Taking both Iran and Venezuela off line would have a minor impact on global oil markets, compared to taking Russia out of the market, but it's better than nothing.

Steve...HBTT

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

Print the post

Unthreaded | Threaded | Whole Thread (41)

Prev | Next

Announcements

US Policy FAQ

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

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.