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Wall Or No Wall: Trump Needs The Mexican Oil Industry
Oilprice.com ^ | 15-11-2016 | Trumpster

Posted on 11/15/2016 2:32:23 PM PST by bananaman22

Two of Donald Trump’s main pledges during the presidential race were building a wall along the border with Mexico, and making the U.S. energy-independent. Now that the election is over, these issues are coming to the fore.

First, the president-elect said that the wall, which he mentioned on the campaign trail and in numerous debates, is still very much on the table, though what type of “wall” that may be is an unknow. Second, he said he planned to start deporting illegal aliens—those with criminal records—which could amount to as many as three million individuals.

Despite “The Wall”, the deportation of Mexican citizens, and several grandiose comments about Mexico paying for said wall—not to mention Trump’s proclamation that he would raise import tariffs up to 35 percent on some Mexican products—Mexico’s President Enrique Pena Nieto was among the first of the world leaders to congratulate Trump on his victory.

While supplies from Canada are unlikely to be threatened, thanks to traditionally warm bilateral relations with the country, the situation is different for both Mexico and Venezuela because of the illegal immigration issue and the blatantly anti-U.S. Caracas regime. Whether Trump is successful in cutting back—or cutting entirely—imports from Saudi Arabia is yet another unknown

And while it’s possible that Mexico and Venezuela could suffer a drop in exports to the U.S., if Trump stays true to his campaign promises, other forces are also influencing the matter.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: 2016transition; drillbabydrill; energy; globalistwhine; goofyarticle; mexico; oil; openborderrant; propaganda; trump; trumpenergy; trumpmexico; venezuela
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1 posted on 11/15/2016 2:32:23 PM PST by bananaman22
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To: bananaman22

Ask Venezuela how much we need them then get back to me.


2 posted on 11/15/2016 2:35:35 PM PST by Newbomb Turk (Hey Newbomb, where's your brothers ElCamino ?)
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To: bananaman22

We have our own.


3 posted on 11/15/2016 2:36:12 PM PST by ColdOne ((poochie... Tasha 2000~3/14/11~WE DID IT DEPLORABLES!EraseThe0bagambiLegacy!)
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To: bananaman22

The very differently configured refineries needed to convert the hard-to-work-with Venezuelan oil into gasoline and other products are here in the United States. Who else are they going to sell their crude oil to, knowing that they cannot refine it?


4 posted on 11/15/2016 2:37:07 PM PST by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: bananaman22

no bias there. Something tells me we don’t need Mexico as much as they need us.


5 posted on 11/15/2016 2:37:27 PM PST by No_More_Harkin
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To: bananaman22

“With various experts already warning against the adverse outcomes of NAFTA’s removal and the increase of tariffs, it’s possible that these advisers will help the president-elect tweak some of his campaign pledges. For the time being, imports from Mexico and Venezuela should be safe.”

God I hope not.


6 posted on 11/15/2016 2:37:44 PM PST by JPJones (George Washington's Tariffs were Patriotic. Build a Wall and Build a Wall of tariffs.)
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To: bananaman22

Opening up federal land areas for oil yes Trump will be successful.


7 posted on 11/15/2016 2:37:57 PM PST by Red Steel
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To: bananaman22

We don’t need Mexican oil. None of it. We need President Trump to get the EPA out of oil’s way.


8 posted on 11/15/2016 2:38:18 PM PST by CodeToad (Ding Dong, the Bitch is Dead!!!)
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To: Newbomb Turk

We don’t need oil from either one. Conversely, they both need us, desperately.


9 posted on 11/15/2016 2:38:20 PM PST by snoringbear (E.oGovernment is the Pimp,)
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To: bananaman22
... he said he planned to start deporting illegal aliens—those with criminal records—which could amount to as many as three million individuals.

Ironically, I saw an estimate earlier today that the number of illegally-cast votes in our recent election was about three million.

10 posted on 11/15/2016 2:39:23 PM PST by Steely Tom ([VOTE FRAUD] == [CIVIL WAR])
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To: bananaman22
What for? Just the continental USA--especially now with fracking technology--has a lot more oil than originally thought. We don't need oil from south of the Rio Grande.
11 posted on 11/15/2016 2:39:30 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: bananaman22

So how do you feel about this?


12 posted on 11/15/2016 2:40:02 PM PST by Grampa Dave (Hey whining losers,Trump will just go ahead & make things better for us without you!!!!")
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To: RayChuang88

And we damn sure do not need it from the stinking Middle East.


13 posted on 11/15/2016 2:41:05 PM PST by the_individual2014
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To: bananaman22

Now Canada has glut of oil and overcapacity. In fact, it has been a big headache for Alberta to find buyers of their oil. Sooner the Keystone pipeline is built, oil will flood the US market.


14 posted on 11/15/2016 2:41:27 PM PST by Rebel2016
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To: bananaman22

US Imports oil from:
Camada: 120 million barrels
Persian Gulf: 56 million
Other OPEC: 52 million
Mexico: 21 million
Russia: 18 million
Colombia: 17 million

We’ll get by.


15 posted on 11/15/2016 2:45:42 PM PST by dangus
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To: bananaman22

We will once again produce much of our electricity with good old American coal. We will scrub it for sure, but we’ll use.... then the price of foreign oil will plummet.


16 posted on 11/15/2016 2:45:58 PM PST by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: bananaman22; All

They need us a whole bunch more than we need them. Cut off all that water we send down there plus all the foreign aid..millions and millions every year. STOP vacationing in Mexico..there are places you haven’t seen in this country. Cut off our tourism and they are toast.


17 posted on 11/15/2016 2:48:17 PM PST by AuntB (Trump is our Ben Franklin - Brilliant, Boisterous, Brave and ALL AMERICAN!)
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To: CodeToad

Mexico could pay for the wall with petroleum.


18 posted on 11/15/2016 2:49:04 PM PST by Paladin2 (No spellcheck. It's too much work to undo the auto wrong word substitution on mobile devices.)
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To: No_More_Harkin
It will be nice to have someone looking out for American interests at the negotiating table. I'm not sure we've had that in many years. We will do fine if president Trump puts our interests ahead of the lobbyists.
19 posted on 11/15/2016 2:51:24 PM PST by peeps36 (Obama = the skidmark on America's underwear.)
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To: bananaman22

BS: simply open up pretty much all Federal lands and offshore sites to drilling for oil, gas, and mining coal.


20 posted on 11/15/2016 2:51:59 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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