Tuesday, June 24, 2025

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Does Trump STILL not understand oil is a global market and the major oil companies are multi-national corporations? Oil drilled in America is sold globally as a fungible good. We actually controlled global oil pricing because of Biden’s use of the Strategic Petroleum Reserve. I doubt Trump understands that, either. 🎶"It’s money that matters!/In the U.S.A.🎶
Reid: They overthrew the shah who we imposed on Iran because the Dulles brothers, one at the CIA and one at the state department, decided that the oil beneath the soil of Iran belonged to BP and belonged to us. And when mossadegh, who was the leader of Iran, the democratically elected leader of Iran, said that we would like to audit BP because we want to know if you are cheating us or paying the people of Iran based on the oil under their soil. And they said, you may not audit us. And then we overthrew him and he wound up dying in prison because we decided in our arrogance as a country, got to own their oil.
Oil doesn’t belong to a country. It belongs to the market. Granted, that has changed somewhat since the Dulles brothers, but only to put the countries in control of access.

The oil still belongs to the markets.
Well, he did make it possible for China to buy oil from Iran, so I guess that counts?
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