Why doesn’t Trump nationalize all the oil companies and put in price controls?
>>534197783It’s a GLOBAL commodity. That’s the point.
Because why would he, his donors are making a killing.
>>534197783Because we aren't a communist shithole
>>534197783He doesn’t have to, just say that all oil in the US must be sold in the US.
>>534197889> Because we aren't a communist shitholecapitalist nations nationalize their oil and don’t allow a small cabal of oil ceos to control the wealth and prices
>>534198029> just say that all oil in the US must be sold in the US.but. that also requires regulation and government control. something trump opposes on neoliberal grounds. the more i learn about, the less and less “authoritarian” he is
>lol
>>534197889The economic zone formerly known as America has been a (mostly) communist country for more than 100 years. (The fifth plank to the communist manifesto, for example, was instituted in 1913.)
>>534197783I thought we didn't even get our from them
>>534197783he will under H.R.2029 - Consolidated Appropriations Act, 2016 he will do this to not lose votes.TITLE I--OIL EXPORTS, SAFETY VALVE, AND MARITIME SECURITY(Sec. 101) The division amends the Energy Policy and Conservation Act (EPCA) to repeal the authority of the President to impose export restrictions upon coal, petroleum products, natural gas, or petrochemical feedstocks, and supplies of related materials or equipment.The division prohibits federal officials from either imposing or enforcing any restriction upon crude oil exports.The division does retain the President's authority under specified laws, however, to impose sanctions upon a foreign person or foreign government, including one designated as a state sponsor of terrorism, as well as the authority to prohibit or restrict U.S. persons from conducting transactions with a sanctioned person or government.The President may also impose licensing restrictions upon U.S.crude oil exports for a maximum one year period, if: the President declares a national emergency and formally notices the declaration in the Federal Register; the restrictions apply within the context of sanctions or trade restrictions imposed for reasons of national security by the Executive authority of the President or by Congress; or the Secretary of Commerce reports to the President that the export of crude oil has caused sustained material oil supply shortages or sustained oil prices significantly above world market levels directly attributable to the export of crude oil produced in the United States, and those shortages or increases have either caused or are likely to cause sustained material adverse employment effects in the U.S.
>>534197783Ask Mohammad Mosaddegh
>>534197783Trump already said he doesn't care and that he wants his oil exec buddies to make record profits.
