Exxon asks Trump administration for waiver from Russia sanctions

[Thebobo]

Well well well lets see how this plays out, Remove sanctions brought on by the Invasion of Crimea and throw away our country's morals so that a few billionaires can cash in? It seems the Treasury has a lot of input on this and of course the state department as well. Tillerson says he will recuse himself from decision like this involving Russia. Also I wonder about EXXON itself asking for sanctions to be removed just for them? Are they not an American company? They think money its more important than the country's laws and morals. So if this goes through go ahead Russia invade away!

More; http://thehill.com/policy/energy-environment/329522-exxon-seeks-waiver-from-russia-sanctions

"Oil giant Exxon Mobil Corp. is seeking a waiver from the Trump administration to work with Russia’s state oil company on a joint venture, The Wall Street Journal reports.

Citing people familiar with the matter, the Journal reports that Exxon Mobil asked the Treasury Department in recent months to drill for oil alongside Rosneft.

The drilling would take place in the Black Sea, an area covered by sanctions instituted by the United States to prevent certain business dealings in retaliation for Russia’s annexation of Crimea from Ukraine.

Secretary of State Rex Tillerson was Exxon Mobil’s CEO in 2012 when he struck the joint venture deal, worth hundreds of billions of dollars, with Russian President Vladimir Putin.

The State Department is one of the agencies that helps Treasury decide on sanctions waivers. Tillerson promised to recuse himself from matters related to Exxon Mobil for his first two years at the State Department.
Tillerson was awarded Russia’s Order of Friendship in 2013 due to the deal and his relationship with Putin. That caused numerous senators to question during his confirmation process whether he was too close to Russia and Putin."

More; http://thehill.com/policy/energy-environment/329522-exxon-seeks-waiver-from-russia-sanctions

 

[alien42]

easy money in Vladimir Putin's pocket if the sanctions are waved.

i wonder if this was part of the deal that Carter Page took to the Russians.

 

[zinfamous]

But her emails!

Oh, and that, uh...URANIUM!

lolfuckingidiots.

 

[vi edit]

Left wing rumor mill is churning that this was the coup de gras the FBI was waiting for to connect the dots on the dossier.

 

[zinfamous]

lol. It's rather abundantly clear now that Tillerson was Putin's pic for SOStUS.

This shit is fucking entertaining, and well, sad.

 

[Pens1566]

So so so transparent. Jesus. Could these people be any more obvious with their corruption?

 

[Maxima1]

I wonder how much it matters as in if it isn't provided, will a European company run in and take what's for grabs? I read Europe has already provided waivers for oil companies.

"Company officials also disclosed that they had urged Obama administration officials to make American sanctions consistent with European Union sanctions, which gave greater latitude to European companies to continue taking part in some Russian projects."

 

[vi edit]

That was the exxon angle...but but but if you don't give it to us all that money will go to some euro company!!!!

 

[Amused]

FFS it's like they're pissing on us and telling us it's raining.

 

[Maxima1]

That was the exxon angle...but but but if you don't give it to us all that money will go to some euro company!!!!

Europe did give waivers. That part is true. If those companies are capable of taking up the projects Exxon was going to, then the whole thing means jack. Again, I don't know the extent of it. I'm just putting it out there in hopes someone can confirm or dispute.

 

[Sunburn74]

I wonder how much it matters as in if it isn't provided, will a European company run in and take what's for grabs? I read Europe has already provided waivers for oil companies.

"Company officials also disclosed that they had urged Obama administration officials to make American sanctions consistent with European Union sanctions, which gave greater latitude to European companies to continue taking part in some Russian projects."

[Best read in a whiny voice]
"But Bobby's mom lets him play with snakes? Why we can't we play with snakes?"

The answer a reasonable parent would give is the same reason there are sanctions for drilling in the black sea.

 

[ivwshane]

Hmm...I wonder how this will play out.











Nah, I'm just kidding, I know exactly how it will play out!

 

[Maxima1]

"But Bobby's mom lets him play with snakes in the house? Why we can't we play with snakes in the house?"

How is that analogy similar? You realize how retarded you sound? The main point was that the outcome is the same. Hence, it wouldn't matter. Your analogy has nothing to do with that. Less significantly, it hurts US if European countries effectively get to do dealings in a non-competitive arena, while your analogy is about some perverse behavior.

I'm assuming right now that the European waivers are relatively minor as many prominent people act as if the Exxon deal is a big gift to Putin's Russia, and there's a lot of evidence for the TrumpRussia collusion.

 

[MagnusTheBrewer]

FFS it's like they're pissing on us and telling us it's raining.

They ain't even saying it's rain. They're telling us it's good for us to be pissed on.

 

[K1052]

They ain't even saying it's rain. They're telling us it's good for us to be pissed on.

It soothes the rash from winning so much.

 

[Azuma Hazuki]

What the blithering betentacled eldritch fuck is it going to take to get rid of this president and all his hangers-on?! This is making Watergate look like a playgroup scuffle!

 

[Maxima1]

I just noticed that the deal is much more than $500 billion. It's in the trillions. The $500 billion is how much Exxon and Rosneft would invest.

 

[HomerJS]

I wonder how much it matters as in if it isn't provided, will a European company run in and take what's for grabs? I read Europe has already provided waivers for oil companies.

"Company officials also disclosed that they had urged Obama administration officials to make American sanctions consistent with European Union sanctions, which gave greater latitude to European companies to continue taking part in some Russian projects."

Exxon bought all the rights to drill. They paid 500 Billion. No way they sell. Buyer would take advantage because of sanctions. Pennies on the dollar

 

[HomerJS]

I predicted this very shit beginning of the year
https://forums.anandtech.com/thread...state-to-help-russia-putin-and-exxon.2496878/

When the hell are you Trump supporters going wake the fuck up? This country is being sold down the drain to enrich Trump and Putin. So its politically problematic to remove sanction so now Exxon will ask Tillerson for a waiver? Are you kidding me. You Trump morons will continue to make excuses until people are killed. Oh I forgot according to Trump that is ok too.

This is no different the Stockholm Syndrome that afflicts Fox News viewers. No matter how bad they are lemmings will continue to support because they are on "the team" Conservatives despite what they say have no morals.

Go ahead side with sexual predators. Go ahead side with Putin.

 

[Sunburn74]

How is that analogy similar? You realize how retarded you sound? The main point was that the outcome is the same. Hence, it wouldn't matter. Your analogy has nothing to do with that. Less significantly, it hurts US if European countries effectively get to do dealings in a non-competitive arena, while your analogy is about some perverse behavior.

I'm assuming right now that the European waivers are relatively minor as many prominent people act as if the Exxon deal is a big gift to Putin's Russia, and there's a lot of evidence for the TrumpRussia collusion.

Saying other countries are doing something isn't a reason to participate in that same action. Its like a kid asking his mom to let him play with a snake because the neighbor lets his kid play with a snake. The response is simple. No waiver because putin is a snake and his government is in a slow collapse.

 

[dmcowen674]

Is this the reason for a 50 cent gas price jump today???

 

[nickqt]

Is this the reason for a 50 cent gas price jump today???

At this rate, gas will be $5000.00 a gallon sometime next year, amirite?!?

Go back to hoarding kerosene.

 

[dmcowen674]

Actually if the Nukes fly you are not far off.

 

[trenchfoot]

Start by having Donny Trump mix fear, instability and skepticism in a blender. Have him carefully fold in saber rattling and ramped up threats, then watch him drizzle in subtly flavored lies in order to create just the right amount suspicion and doubt.

Next, simmer all ingredients until a believable concentrated reduction is established, then place this concoction in a pressure pot and add in a hefty sized chunk of GOP rump, exclusively fed on genuine Trump Ranch bullshit.

Seal the lid securely, turn up the heat to its highest setting, run out of the house and across the street. Wait 'til the lid explodes off the pot in such a magnificent shower of excrement and acrimonious aromas and then in perfect harmony and unison, blame the Democrats for letting it all happen despite their having absolutely no say or control over how the Commander in Chef blew up the kitchen all on his own accord.

In the meantime, have an exclusive little family style patty cake bake in the cellar with dear friends from Exxon, Rosneft, Goldman Sachs, the Kremlin and have the kids sit in and learn the ropes of how deals get made in the shade.

WTF, it's not enough to keep track of how Trump is violating the emoluments clause, how he is running the nation from his resort in Florida, how his blatant use of nepotism is being handled and how he is beside himself trying to cover and bury any scent trail leading back to the Kremlin.

The nation must also sit on its hands and watch this, this incredibly arrogant, ignorant politically incompetent self-centered bully in the china shop have his interminable hissy fits over how nobody wants to listen to him and obey him like they're supposed to.

But I can't make up my mind yet whether Trump or Paul Ryan is better at painting lipstick on pigs. At the moment I think it's a wash.

 

[Meghan54]

Is this the reason for a 50 cent gas price jump today???

Bullshit again, Dave.

Do you have to be reminded, AGAIN, that the gas prices in your state/region are cyclical in nature, vs. the rest of the U.S.?

And it does this over and over and over and over........

I do like the way, though, that you tend to leave out when your gas prices drop an equal amount or more than any recent increase, as seen in the charts above....only "Gas jumped 50c today!!!!" And I still don't see where anywhere in Indy had a 50c price increase...you daft liar. But what can you expect from vinegar man?