American Oil on American Soil

The reader who sent me this asks, “Why don’t pictures like this ever trend?”

It’s because everyone who has even a basic understanding of the world oil market knows that this is pure stupidity, aimed at the most uneducated Americans who constitute the core of Trump’s base.

Of course, that doesn’t mean that idiocy like this can’t “trend.”  It’s not as if our country has a lack of ignorance.  We did re-elect Trump, didn’t we?

Someone asked me recently to explain why Big Oil isn’t thrilled that Trump has opened up our pristine wildernesses to the extraction of crude.  The answer, of course, is that oil executives  making 8-figure annual incomes actually do understand how to make money.  That’s how they attained their positions, and, sadly, it’s their only purpose in life.  They know that spending hundreds of billions of dollars in new infrastructure, while driving up supply and thus lowering prices at the pump, isn’t a strong idea.