19 hours ago19 hr For the record, their oil supply may very well be substantially less than advertised. Just ask any oil exec (shell knows) Edited 19 hours ago19 hr by bcuziknow
17 hours ago17 hr I think it’s more about influence and removing supply from our adversaries. I know as an oil exec I wouldn’t be chomping at the bit to spend a trillion dollars rebuilding the infrastructure just to have to give it up again when it goes south again.
1 hour ago1 hr Slightly switching gears...Trump put Raytheon on notice yesterday. Raytheon was recently awarded a $50B IDIQ awarded but they have been slow to respond to the government's request to speed deliveries. Instead of investing in infrastructure and capital improvement to improve production, Raytheon has poured $10B into stock buy back. These buybacks tend to drive stock price up which is good for stockholders but even better for Raytheon executives who have bonus and compensation plans tied to stock price. Trump outright said, no more buybacks if you want to do business with the U.S. Government.Also, in case you missed it, Trump is proposing a $1.5 TRILLION Defense budget for 2027. That is a $600B increase from 2026.
Create an account or sign in to comment