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>This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now. That's gi
by gruez 6d ago
>This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now.
That's giving the Trump administration too much credit. Before the war there were pieces about how oil companies were doing worse under Trump than under Biden[1]. Of course, you could argue that the Iran war is Trump finally responding to oil companies, but given that it only started more than a year after he took power, it really makes you wonder whether Trump is bumbling along, or playing some 5d chess with the global oil market. On the flip side there's plenty of evidence that he doesn't want high oil prices, for instance lifting sanctions on Iranian and Russian oil.
[1] https://www.economist.com/business/2025/02/06/donald-trump-loves-big-oil-does-big-oil-love-him-back https://www.economist.com/business/2025/02/06/donald-trump-l...
- gizajob 6d agoIt’s more like 2D chess, so within DJT’s comprehension.
- voakbasda 6d agoI don’t know why anyone gives Trump credit for things like this. He (like all elected officials for the past few decades) is a figurehead and has been manipulated by careerists at every step, who themselves are beholden to the lobbyists that grease the wheels of government.
- iso1631 5d agoYou reach him by running appropiate messages on fox news Like any senile octogenarian you want to do something, brainwash them to do your bidding and make it think it's their own choice
- tencentshill 5d agoIt's not that complicated with him. He literally gets on the phone with CEOs and takes orders directly. But that only sticks until another competing interest talks to him.