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The Reason Trump Isn’t as Perturbed by Rising Oil Prices as You Are

cryptonews100_tggfrn by cryptonews100_tggfrn
March 23, 2026
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The Reason Trump Isn’t as Perturbed by Rising Oil Prices as You Are
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Trump’s January invasion of Venezuela, wherein america arrested President Nicolás Maduro and introduced him to america for trial, left Maduro’s corrupt Marxist regime in place, elevating the query of why we’d bothered. We’d bothered, it turned out, as a result of Trump fantasized that he may convey American firms again to Venezuela, whose oil, he claimed, had been “stolen” from the People who pumped it out of the bottom. (That wasn’t true, however by no means thoughts.) Trump was livid when Exxon’s chief government informed him at a televised White Home assembly that the nation was “uninvestable”; solely Chevron is working there now, and it was there earlier than. In the meantime, Trump is utilizing oil as a weapon to topple Cuba’s vintage communist regime.

Trump’s ever-shifting explanations for why he went to battle with Iran largely reveal an previous man’s confused thoughts, however someplace in that maelstrom is the concept he can acquire management of Iran’s oil. And now, whaddya know, he’s speaking obliquely about sending within the Marines to seize Kharg Island, the place Iran shops its oil previous to exporting it. The thought is to deprive Iran of oil income to strain it into reopening the Strait of Hormuz. On the similar time, although, Trump is increasing Iran’s oil income by eradicating sanctions from 140 barrels of Iranian crude oil that’s already loaded onto tankers, in hopes that that may decrease oil costs at residence. If there’s a bigger objective, it’s to manage Iran’s oil—by no means thoughts whether or not to complement the enemy, starve it, or do each concurrently.

Trump’s environmental coverage consists virtually solely in boosting oil revenues. In January he repealed the Environmental Safety Company’s 2009 “endangerment discovering” establishing the company’s jurisdiction over greenhouse-gas emissions below the 1970 Clear Air Act. Beforehand, he eradicated the Biden administration’s $7500 tax credit score for electrical automobiles, clawed again grants to advertise wind and photo voltaic power, re-opened the Arctic Nationwide Wildlife Refuge for drilling, eradicated from regulatory cost-benefit analyses issues of public well being, cancelled grants to analysis local weather change—you get the thought. Trump’s high environmental precedence is to increase as lengthy as attainable the primacy of petroleum as an power supply, ceding renewables (that’s to say, our power future) to China. Don’t ask what the technique is. The technique is, he can’t assist himself.





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