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pyrrhus's avatar

Quite an opus! Trump doesn't know much about the oil and gas business...Fracking investors lost 200-300 billion during the "boom"...There is currently an excess of natural gas, and no one is going to drill the shale at current prices...and fracking doesn't produce heavy oil for diesel, which the US requires most urgently...And generally, the easily reached oil in the US has been exploited...

There's probably a lot of oil in ANWAR and offshore Alaska, but the first has been banned for drilling, while the weather wrecked Chevron's attempts to drill there, losing 7 billion for its trouble....Canada might have a lot, so acquisition would be very useful!

Meanwhile, the fraudster Vivek and oily Elon have stirred up serious troubole for us with their expressed desire for unlimited H1-Bs for India, etc...Highly qualified white people can't even get interviews now because the billionaires want cheap foreign labor, and/or diversity...and having seen what the foreign labor actually produces, I'm appalled....

Finally, Trump needs to get over his warmongering impulses and deal with reality...I don't see how the US could fight a war anyway, with all our weapons going to Ukraine and Israel...and needless to say, Israel is a mad dog that needs to be put down, as it murders toddleers and claims they were terrorists...

I'm pretty much of the same opinion as Honest Sorcerer, though Doomberg makes a case for a somewhat more optimistic short term....

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California Girl's avatar

I continue to believe that Trump is a blow-hard with little interest in fitting his prejudices into a consistent world view. I’ll bet he will continue the legacy uniparty scam in which both factions have basically the same macro-policies cloaked in divisive culture-war language, psyops, and stunts. In other words, little will change.

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