From Russia, With Oil
Yonatan Zunger
1.4K99

Here’s another startling revelation from last week: The Trump administration approved the Keystone XL pipeline permit allowing +800,000 barrels of oil a day to flow from Canada to refineries on the Gulf coast where it is sold on the world market.

This additional output is guaranteed to collapse the price of crude and cost Russia and OPEC billions in lost revenue. It’s the single most damaging thing Trump could do to the state owned Russian oil company. Why would he do it if he’s in Vlad’s back pocket?

(Besides, I already saw the movie:)

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