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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRex Tillerson's Company, Exxon, Has Billions at Stake Over Russian Sanctions
"MOSCOW Now that President-elect Donald J. Trump has chosen Rex W. Tillerson, the chief executive of Exxon Mobil, to be the next secretary of state, the giant oil company stands to make some major gains as well: It has billions of dollars in deals that can go forward only if the United States lifts sanctions against Russia."
"As head of Americas largest oil company, Mr. Tillerson has earned a friendship award from Russia and voiced skepticism about American sanctions that have halted some of Exxon Mobils biggest projects in the country."
"But Mr. Tillersons stake in Russias energy industry could create a very blurry line between his interests as an oilman and his role as Americas leading diplomat."
The chances that he will view Russia with Exxon Mobil DNA are close to 100 percent, said Robert Weissman, the president of Public Citizen, a public interest group based in Washington."
Read more at: http://www.nytimes.com/2016/12/12/world/europe/rex-tillersons-company-exxon-has-billions-at-stake-over-russia-sanctions.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region®ion=top-news&WT.nav=top-news
Gee, it doesn't look like there would be any conflict of interests here at all, right?
yardwork
(61,538 posts)blue neen
(12,319 posts)As secretary of state, he would be called upon to negotiate with world leaders like Vladimir Putin, said Michael T. Klare, a professor at Hampshire College and the author of The Race for Whats Left, which delves into the rush for oil in the thawing Arctic."
In these negotiations, one has to wonder what would influence the types of deals he is making, Mr. Klare said. Questions arise over whether his actions would be benefiting his company or the interests of the United States and its allies.
Cha
(296,821 posts)yardwork
(61,538 posts)FarCenter
(19,429 posts)The large multinational oil companies work hand-in-glove with with the Federal government when overseas. I'm sure that State, Commerce, etc. were fully informed. I'm sure that the CIA knows all about the deals. I'm sure that Treasure knows about the payments.
blue neen
(12,319 posts)"In Kurdistan, during the Obama Administration, Tillerson defied State Department policy and cut an independent oil deal with the Kurdish Regional Government, undermining the national Iraqi government in Baghdad. ExxonMobil did not ask permission. After the fact, Tillerson arranged a conference call with State Department officials and explained his actions, according to my sources, by saying, 'I had to do what was best for my shareholders.' "
http://www.npr.org/sections/thetwo-way/2016/12/13/505350255/what-we-know-about-rex-tillerson-trumps-pick-for-secretary-of-state
FarCenter
(19,429 posts)The Defense Department was supporting the Kurds, as was the CIA.
blue neen
(12,319 posts)Theater.
panader0
(25,816 posts)blue neen
(12,319 posts)We need to be ultra-vigilante with Benedict Donald at the helm.
madokie
(51,076 posts)remember what it did to the whole middle east. Set it on Fire like its never been set on before.
Referring to the Dick here and halliburton
Year after year, decade after decade.
blue neen
(12,319 posts)Lord help us.
wishstar
(5,268 posts)Alternative energy and low oil prices during Obama Admin. have slowed expansion projects and oil profit.
We saw how Bush/Cheney oil interests resulted in home heating oil/gasoline prices quadrupling before the crash. I expect some very deliberate international incidents/realignments causing a profitable spike in prices with a pro-oil,pro-Russian govt..
TheFrenchRazor
(2,116 posts)blue neen
(12,319 posts)Some of us refuse to remain silent.
madinmaryland
(64,931 posts)Guess we will see more of this type of shit happening.
blue neen
(12,319 posts)Lord help us.
madinmaryland
(64,931 posts)TrekLuver
(2,573 posts)Generator
(7,770 posts)that when Putin took over there were zero billionaires that were Russian. Now there are almost 90. Also he said pretty clearly (don't agree with all he says he is too harsh on Obama) but that the only thing besides power that Putin cares about is money. Sounds like someone has common interests.
Initech
(100,036 posts)Guess which one takes precedent?