Quote:
Originally Posted by 2MuchMark
If there was some kind of crazy oil power-play about to go down, what could it be?
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Exxon is heading back to the Arctic once Russia sanctions are lifted
Exxon is losing $1B a year with their Russia operation due to sanctions.
Exxon successfully lobbied for legislation last year that enables the Secretary of State to lift Russia sanctions (soon to be Tillerson)
ExxonMobil helped defeat Russia sanctions bill
The Exxon arctic deal to drill for Russia is worth $500B.
Exxon is a multinational corporation with its own foreign policy division etc. it hasn't been a true blue American company for decades.