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blue neen

(12,319 posts)
Tue Dec 13, 2016, 07:23 AM Dec 2016

Rex 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 America’s largest oil company, Mr. Tillerson has earned a friendship award from Russia and voiced skepticism about American sanctions that have halted some of Exxon Mobil’s biggest projects in the country."

"But Mr. Tillerson’s stake in Russia’s energy industry could create a very blurry line between his interests as an oilman and his role as America’s 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?

22 replies = new reply since forum marked as read
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Rex Tillerson's Company, Exxon, Has Billions at Stake Over Russian Sanctions (Original Post) blue neen Dec 2016 OP
This is what it's all about. yardwork Dec 2016 #1
How on earth can we let this "Friend of Russia" be Secretary of State? blue neen Dec 2016 #2
Exactly, yardwork. OIL Cha Dec 2016 #5
We should kick this thread every day. yardwork Dec 2016 #6
Any ExxonMobil investments in Russia were made in consultation with the US Government FarCenter Dec 2016 #3
Tillerson has defied the State Dept in the very recent past: blue neen Dec 2016 #4
Theater for the benefit of State's relationship with the Baghdad government FarCenter Dec 2016 #7
Sure. blue neen Dec 2016 #10
I posted about these a few days ago--dropped like a stone.... panader0 Dec 2016 #8
Sorry that I didn't see that. blue neen Dec 2016 #9
we've seen this play before madokie Dec 2016 #11
Yep. blue neen Dec 2016 #12
How comforting to think that the United States' State Dept. could be controlled by the Kremlin. blue neen Dec 2016 #13
You can bet these oil oligarchs want higher oil/gas prices- not just domination over more supplies wishstar Dec 2016 #14
nothing to see here folks, move along... nt TheFrenchRazor Dec 2016 #15
Speak for yourself. blue neen Dec 2016 #16
Exxon fucking Valdez... madinmaryland Dec 2016 #17
Talk about the fox guarding the henhouse. blue neen Dec 2016 #18
Yeah. No shit! We are truly fucked as a country. 87 years ago. nt madinmaryland Dec 2016 #19
It's so freaking OBVIOUS it's ridiculous. !!!!!!!!!!!!!!!!!!!! TrekLuver Dec 2016 #20
Read in Kasparov's book Generator Dec 2016 #21
Save the planet or one company gets to add more to its' precious profit margin? Initech Dec 2016 #22

blue neen

(12,319 posts)
2. How on earth can we let this "Friend of Russia" be Secretary of State?
Tue Dec 13, 2016, 07:28 AM
Dec 2016

“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 What’s 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.”

 

FarCenter

(19,429 posts)
3. Any ExxonMobil investments in Russia were made in consultation with the US Government
Tue Dec 13, 2016, 08:27 AM
Dec 2016

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)
4. Tillerson has defied the State Dept in the very recent past:
Tue Dec 13, 2016, 08:32 AM
Dec 2016

"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)
7. Theater for the benefit of State's relationship with the Baghdad government
Tue Dec 13, 2016, 08:47 AM
Dec 2016

The Defense Department was supporting the Kurds, as was the CIA.

madokie

(51,076 posts)
11. we've seen this play before
Tue Dec 13, 2016, 12:08 PM
Dec 2016

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

blue neen

(12,319 posts)
13. How comforting to think that the United States' State Dept. could be controlled by the Kremlin.
Tue Dec 13, 2016, 04:28 PM
Dec 2016

Lord help us.

wishstar

(5,268 posts)
14. You can bet these oil oligarchs want higher oil/gas prices- not just domination over more supplies
Tue Dec 13, 2016, 04:46 PM
Dec 2016

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..

 

Generator

(7,770 posts)
21. Read in Kasparov's book
Tue Dec 13, 2016, 08:22 PM
Dec 2016

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)
22. Save the planet or one company gets to add more to its' precious profit margin?
Tue Dec 13, 2016, 08:25 PM
Dec 2016

Guess which one takes precedent?

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