Hey #$%$ if you read my posts over the past four years I have stated clearly that Obama is like a Moderate Republican of 30 or 40 years ago, Not the fascist swine nor Taliban like Republican of today.. So he is in bed with big oil. BFD. The pipeline all you screaming brownshirts have been squealing about gets approved too. And once again I will be right and your little hate filled racist fantasy will go on as you continue to scream regurgitated Beckisms.
Please? Fool yourself if you need to but don't ever expect that I am one iota like the fool that is you..
Middle East wars stir up nationalism which is deadly to a multinational business. "Big Oil" at one time owned all the oil reserves in Saudi Arabia, Iraq, Iran, Kuwait, Libya, Algeria, Mexico, Venezuela...
Just how do you suppose it came to lose all of those, do you? - why the countries in question just forced the sale of the properties at some absurdly low figure, like book value or "updated book value," at a price which bore no resemblance to the value of the oil reserve at all, or declared the oil companies in question in violation of some law they would make before or after the fact and seized their properties in the courts, or imposed an oil export tax that confiscated all the profit, or all of the above.
The situation is even more dangerous for "Big Oil" now because the state oil companies have acquired the ability to run their operations without Western help.
Perhaps in the mind of a speculator it looks as if Obama is helping "Big Oil," that is if you take as true the premise that he is escalating the wars... The gain promise to be brief... When it really comes down to it Obama could care less what other countries do to Big Oil - the case of Chevron in Ecuador is case in point... I will not lift a finger to stop Russia from doing whatever they wish, you can rest assured of that.
Is Obama in bed with Big Oil, walhieee?? Looks like it to me!
Nah, Obama hates big oil and has stated several times that XOM makes too much money and he and Pelosi are going to do something about it. Real scary when a President butts his nose into the workings of business.