Petrodollar under Threat

[Mortblanc]

Do these people think that our present administration will sit and allow them to jack the price of oil up to whatever they wish? We do not have to purchase their oil, and most of the U.S. "import" of oil is actually like the inbox/outbox on the office desk. We take it in as crude, refine it to finished product and export it back to the world. We are not using all that crude internally.

Look at this with more than a short term 6 month memory and remember what is was that drove the $4 per gallon prices down to less than $2 here in the states two years ago. That $100+ per barrel price only survived because we had a communist as president.

There is no need for us to pay more for imported oil than we pay for home grown oil. If they do not watch out the U.S. will crank the fracking machines back up and put them back into bankruptcy.

Trump would gladly suspend all the useless environmental regulations that have been implemented as executive orders, without legislation, in the attempt to ruin the standard of living of western civilization by his predecessor.