How could he be such an idiot? He asked Saudi Arabia to increase oil production !

[syringis]

[bdamomma]

1. I'm surprised

he not asking his pal Vlad for oil, Russia produces oil.

[FBaggins]

10. Russia already produces every drop they can

They aren’t in a position to replace lost supply fro Iran/etc.

The Saudis, OTOH, have significant spare capacity.

Where this is a mistake is that if $80 oil were a certainty, the US could add that much within a year.

[Voltaire2]

2. He's an idiot because: to high.

He didn’t learn his “to”s.

Getting SA to increase production would lower prices at the pump going into the midterms. That is not a stupid strategy.

[DemocratSinceBirth]

3. I read he purposely misspells words to connect to his base.

SMFH

[bdamomma]

13. or is it

Miller who instructs him to misspell words???

"disfunction" isn't it dysfunction??? what a idiot.

[LastLiberal in PalmSprings]

23. Maybe he just doesn't know how to spell.

[marylandblue]

29. You may be right, also it pisses off smart liberals

and makes them underestimate him.

"He is fond of being misunderstood. It gave him a point of vantage." - Oscar Wilde

[DemocratSinceBirth]

31. You don't have to be a smart liberal to properly use "too" , "to", and "two".

You just needed to pay attention in elementary school.

[marylandblue]

33. Obviously his followers did not pay attention

That's why he speaks at a 4th grade level, too.

[oberliner]

5. Agreed on all counts

Getting SA to increase production is something Democrats have pushed for also.

[Guilded Lilly]

6. We can expect sudden acts of politically positive slant and...

surface human concern from this vile slug from here to midterms.
Though he has never left “worship me” rally mode, the vermin will ratchet up moments attempting to show he has a soul.

He does not.

[MoonRiver]

24. Occam's Razor

He's just an ignorant fool.

[oberliner]

4. Senate Democrats want Trump to prod OPEC to lower oil prices

U.S. Senate Democrats on Wednesday urged President Donald Trump to try to prod OPEC to take steps to lower oil prices and suggested that millions of Americans will see tax cut proceeds canceled out by higher fuel costs.

Senate Democratic Leader Charles Schumer held a news conference at a Capitol Hill Exxon station to criticize Trump for not doing more to lower fuel costs and said that gasoline prices had jumped 25 percent since Trump took office in January 2017.

https://www.reuters.com/article/us-usa-oil-campaign/senate-democrats-want-trump-to-prod-opec-to-lower-oil-prices-idUSKCN1IO300

[DemocratSinceBirth]

7. The only reason Saudi Arabia would lower their oil prices is to discourage other sources of energy.

As the price of oil goes up other forms of energy become more popular.

[muriel_volestrangler]

8. Of course, the "turmoil in Iran" is a direct result of Trump imposing sanctions on them

because he wanted to reverse Obama's policy. He's telling every other country in the world they mustn't buy any Iranian oil, or he'll target them too.

[syringis]

9. Hi Muriel

China is the largest importer of Iranian oil, do you think Chinese will comply with Trump's request ?

He is dragging us in a disaster such as we have never seen before !

[muriel_volestrangler]

12. I suspect China will continue to import it, possibly at a price lower than market

because it knows Iran won't have many other countries willing to defy the American sanctions. According to this, India is the second largest importer, and I think they'll do what Trump wants - Modi is somewhat like Trump, and I think he'd rather hurt a regional rival than stand up for them - while China sees the USA as its rival, not Iran.

Of course, Trump might give China some other concession if they agree to boycott Iran. Lifting all sanctions on North Korea, for instance, and giving them a free hand in the South China Sea.

[syringis]

21. Both China and India will continue to import Iranian oil

Meanwhile, Trump weakens G7 and all what the free world has built since the end of WWII, SCO is likely to become a great counter balance... Iran is expected to become fully-fledged member.


These two pics of the summits say it all :

[muriel_volestrangler]

25. It's by no means certain India will continue

See, for instance:

India’s Biggest Bank To Stop Handling Iran Oil Payments

India’s largest bank, State Bank of India, has told local refiners that it will no longer handle payments for oil imports from Iran beginning in November, the head of finance at Indian Oil Corp (IOC) told Reuters on Friday.
...
“Once the current payment channel is blocked, supplier [Iran] has to decide if it wants to trade with us in rupee or sell oil on credit in anticipation of channels re-opening in future.”
...
India is Iran’s second single biggest customer after China. India’s oil import from Iran jumped last month to their highest since October 2016 to around 705,000 bpd, but expectations are that Indian imports will start dropping from this month because at least two large refiners are said to be getting ready to cut imports from Iran.

Nayara Energy—formerly known as Essar Oil—is said to have started scaling back oil purchases from Iran this month, while another big Indian refiner, Reliance Industries, which owns the world’s largest refining hub and has significant exposure to the U.S. financial system, is reportedly planning to stop importing oil from Iran in October or November.

https://oilprice.com/Latest-Energy-News/World-News/Indias-Biggest-Bank-To-Stop-Handling-Iran-Oil-Payments.html

[bdamomma]

16. He's on a mission

to screw each one of us, but then again we are the majority and the minority of his cult will falter.

[grantcart]

18. Oil is a fungible commodity so who the customer is doessnt effect price.

[Eyeball_Kid]

11. According to AP, it's all a lie. There was no agreement with SA.

Trumpy always lies. Why doesn't the public accept this yet? Why does Trumpy still garner an iota of credibility. We know how many times he's lied while in office. The numbers are there for anyone to see. But EVERY time he's quoted, the assumption is that he's telling the truth. But he has no moorings in the truth. If he says something that's true, it's only by coincidence, or because he can make money off it.

Trumpy is a fascist dictator who will cause suffering, pain, and even death if it favors HIM. He's joined with Putin, Turkey, NK, and any nation run by dictators. He's the 21st century version of Mussolini, who kissed Hitler's ass, just as Trumpy kisses Putin's ass. Trumpy is part of the new Axis power pact. He'll do all he can to dissolve the old Allied associations because he's NOT interested in democracy. And yes, he'll destroy our Constitutional form of government in a heartbeat, while the GOP leadership is fingering their collective asshole. Ooo. They're SO terrified.

[muriel_volestrangler]

14. His base want to believe he's "looking out for them"

So to distract from the news that his Iranian policy is pushing up the price of oil, he invents a lie that he's working to bring it down.

They fall for it because they love him for his bigotry, and then need to find excuses to keep their faith in him.

[treestar]

15. Why would they do that?

If he is such a good businessman, he should understand the capitalist market.

[duforsure]

17. When people elect a political Bernie Maddoff

To the top office, this is what happens, constant lies , constant excuses, while he profits from this with putin.

[spanone]

19. don, you are so full of shit

[Takket]

20. Another case of drumpf heroically "solving" a crisis he created

Average prices have crept back up over $3 after hovering in the low $2 range for a few years. A problem he created. So he calls his Saudi buddies who love drumpf because Kushner went there and gave them our intelligence on enemies of the Royal family, so they could round them up.

So to summarize....

Create crisis in Iran because he is jealous of Obama.

Give away state secrets to Saudis

Destabilize oil markets

Call Saudi’s for more oil

Somehow come out of this looking like a hero for hastily trying to cover up hid own fuck ups.

[RandiFan1290]

22. We were also told that corporate tax cuts & deregulation would bring prices down. nt

[Renew Deal]

26. Did he ask for the IS to cut production?

[Buckeyeblue]

27. Doen't lower oil prices hurt domestic production

I thought I read somewhere that oil needed to be at least $75/barrel to make domestic (and Russian) production profitable. Which is a few years ago OPEC increased production to drive down prices. This resulted in a great many layoffs in the US and hurt the Russian economy. It just seems odd that 45 would do something to hurt two of his BFFs--big oil and big Russia.

[H2O Man]

28. You'd almost think

he's planning something in Iran.

[tammywammy]

32. Saudi Aramco is going public

They need the higher oil prices for whenever they issue the IPO. It's not to their benefit to increase production and lower oil prices. Which lower oil prices only hurts US oil production.