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Why did Trump authorize the purchase of 30million barrels of oil, but (Original Post) Pryderi Mar 2020 OP
Cuz he's an asshole? RockRaven Mar 2020 #1
Because ventilators are for sick people. JHB Mar 2020 #2
Because Jared negotiated a much bigger kickback from the oil industry... magicarpet Mar 2020 #3
Buy low, sell lower. mahatmakanejeeves Mar 2020 #4
Two of his major contributors are Wellstone ruled Mar 2020 #5
Because he was concerned about the health of the oil industry, being that Russia and Saudi ... SWBTATTReg Mar 2020 #6
Because they sold a boatload out of the SPR a few months ago (knowing prices would drop, my guess) Roland99 Mar 2020 #7
Because he got donations from the oil and gas producers kimbutgar Mar 2020 #8
There is no shortage of ventilators at the moment. former9thward Mar 2020 #9

magicarpet

(14,145 posts)
3. Because Jared negotiated a much bigger kickback from the oil industry...
Fri Mar 20, 2020, 06:07 PM
Mar 2020

.... than the medical equipment manufacturers offered.

mahatmakanejeeves

(57,425 posts)
4. Buy low, sell lower.
Fri Mar 20, 2020, 06:08 PM
Mar 2020

Full disclosure: I authorized the purchase of $10 of gas this afternoon. It was down to $2.09.9 per gallon, and I was right there. I didn't have to drive anywhere. It could get lower. I didn't fill up.

SWBTATTReg

(22,114 posts)
6. Because he was concerned about the health of the oil industry, being that Russia and Saudi ...
Fri Mar 20, 2020, 06:20 PM
Mar 2020

Arabia joined into a partnership to sell oil/etc. He wanted to support US oil companies. Like they really need help, eh? Pathetic. And worst of all, the 30 million barrels are coming from the US Oil Reserve (to be used in emergencies only). Oil prices and demand has been collapsing and I think that this is a stupid thing to do. Especially after seeing the markets collapse.

kimbutgar

(21,137 posts)
8. Because he got donations from the oil and gas producers
Fri Mar 20, 2020, 06:40 PM
Mar 2020

If the ventilator companies get mf45 a kickback he’ll probably authorize the orders.

That said some reporter should ask him how much money personally would it take him to resign and let someone else take over? Money is his true God and the only thing he truly cares about, he wants to be rich like Putin.

former9thward

(31,989 posts)
9. There is no shortage of ventilators at the moment.
Fri Mar 20, 2020, 07:44 PM
Mar 2020

Whether there will be in the future remains to be seen.

First, If the "infection curve" is flattened by restrictions of movement and normal business then more ventilators will not be needed.

Second, Ventilators are not just sitting around waiting to be bought. Only a few companies with limited production capability can make them. They are complicated machines with hundreds of parts made in various countries. Skilled people are needed to run them along with the supplies to run them. It is not a simple as you seem to think.

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