Announcement

Collapse
No announcement yet.

Exxon applies for exemption to access tasty Russian oil

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Exxon applies for exemption to access tasty Russian oil

    Now who could have possibly seen this one coming?

    https://www.wsj.com/articles/exxon-s...ons-1492620677


  • #2
    If refusing to sell them grain didn't bring them to their knees...

    Comment


    • #3
      Originally posted by Zach11k View Post
      Now who could have possibly seen this one coming?

      https://www.wsj.com/articles/exxon-s...ons-1492620677
      Who? Its been covered here and I'll say the same thing: if you truly believe that this is somehow an unfair grab by Exxon, brought to fruition through the SOS to give an unfair advantage to Exxon over their competitors, then you have the EXACT SAME degree of opportunity to profit from this as do the supposed crooks. Load up on Exxon stock if you think so strongly about this and their profits will become yours.

      Comment


      • #4
        Originally posted by CHEEZY08 View Post

        Who? Its been covered here and I'll say the same thing: if you truly believe that this is somehow an unfair grab by Exxon, brought to fruition through the SOS to give an unfair advantage to Exxon over their competitors, then you have the EXACT SAME degree of opportunity to profit from this as do the supposed crooks. Load up on Exxon stock if you think so strongly about this and their profits will become yours.
        And its been covered here that just because you can do something doesnt make it right. The majority of Americans dont have the means to to 'load up' on Exxon to profit from this, only the rich will become richer.

        Comment


        • #5
          Originally posted by DandyDon View Post

          And its been covered here that just because you can do something doesnt make it right. The majority of Americans dont have the means to to 'load up' on Exxon to profit from this, only the rich will become richer.
          over 50 million Americans have a 401(k). Its not that difficult if you take a moment. Look at the companies your funds invest in. Choose a fund that leans heavily on Exxon. It wont cost you a dime out of pocket. Put your money where your outrage!!!11!! is.

          Comment


          • #6
            That's a little naive, the real money comes from the swamp connections knowing ahead of time which way this unpredictable admin will jump, and roughly when. They could well refuse the application based on not wanting to look bad, which means the rise on the news of it is a short opportunity rather than a long one.

            Comment


            • #7
              Originally posted by AnalHamster View Post
              That's a little naive, the real money comes from the swamp connections knowing ahead of time which way this unpredictable admin will jump, and roughly when. They could well refuse the application based on not wanting to look bad, which means the rise on the news of it is a short opportunity rather than a long one.
              Thats true but the implication is that Exxon through administration connections will use this as a long term bonanza.

              Comment


              • #8
                So American corporations expanding their reach is now a bad thing or is it only bad because of RUSSIA!!!1111!!!!!!1!!111

                Comment


                • #9
                  Maybe I'm too old to use the Jimmy Carter reference. It's unfair that another US oil company couldn't work itself in. Other than that, what's the problem?

                  Comment


                  • #10
                    Helping pull Russia's economy out of the toilet is not in the US national interest, that should be placed above profits for a private corporation. Plus a fair chunk of the profit on their end is going to be going to Putin and pals.

                    Comment


                    • #11
                      Originally posted by CHEEZY08 View Post

                      Thats true but the implication is that Exxon through administration connections will use this as a long term bonanza.
                      I don't see how that is falsified. They do intend to make billions on this deal, and Rosneft is famous for laundering their profits through payouts to friendly partners. The primary beneficiary of this deal won't be shareholders, it will be the friends of Putin that he showers dirty money on. Good time to have that friendship medal.

                      Comment


                      • #12
                        Originally posted by charliesheen View Post
                        Maybe I'm too old to use the Jimmy Carter reference. It's unfair that another US oil company couldn't work itself in. Other than that, what's the problem?
                        It's not normal for a waiver to be granted against sanctions for "future" business. That's just the obvious problem here. The more nefarious problem is that Russia did indeed meddle in the US Presidential election seeking to get Trump in office to get themselves more Russian friendly policies and a multi billion dollar oil deal to the company Trump's SoS recently led is a clear conflict of interest and possibly an indication of criminal conspiracy.

                        Comment


                        • #13
                          Rejected

                          Comment


                          • #14
                            Originally posted by AnalHamster View Post
                            Helping pull Russia's economy out of the toilet is not in the US national interest, that should be placed above profits for a private corporation. Plus a fair chunk of the profit on their end is going to be going to Putin and pals.
                            So we should help all the third world shitholes, which they hate us for, but not Russia?

                            Comment


                            • #15
                              Originally posted by Par10 View Post

                              So we should help all the third world shitholes, which they hate us for, but not Russia?
                              We should help anywhere it is in our interests to help, which does generally include most third world shitholes. We want them to buy our goods, set up stable environments so we can produce our goods over there for cheap, and generally improve the lives and education of their people to reduce their propensity to try and blow us up. If any of them start a foreign policy of actively harming our interests, that should be discouraged. Think about it.

                              Comment

                              Working...
                              X