IEA Report: America Will Dominate Global Oil Markets

[Anonymous 7]

http://www.breitbart.com/big-government/2018/03/05/international-energy-agency-says-america-will-dominate-energy-markets/

One year into President Donald Trump’s policy of “American energy dominance,” the International Energy Agency said Monday that the United States will dominate the global oil markets for the foreseeable future thanks to the shale oil boom.
IEA Executive Director Fatih Birol said in a report released on Monday, “The U.S. is set to put its stamp on global oil markets for the next five years.”

The rising demand for oil has “unleashed a new wave of growth from the U.S.,” according to the IEA.

The IEA argued in its report that American production will cover more than half of the world’s oil demand growth to 2023.

Good. Perhaps now the U.S. and allies can get the f~~~ out of the Middle East and let those f~~~ers kill each other off (I know wishful thinking).

This, I think, makes the proposed tariffs a little bit more interesting.

First off all, I don’t think the proposed tariffs will start a trade war. Other countries already tax American goods at a higher rate than the U.S. An example of this is Automobiles. The EU taxes American Autos at 10%, America taxes EU Autos at roughly 2%.

Now, other countries will be p~~~ed that the gravy train dries up but f~~~-em.

With the Energy sector booming, add in a little tariff or 2, sprinkle with infrastructure spending and shake well.

S~~~ is gonna get interesting.
Thoughts?

[Anonymous 12]

Anything that makes the Muslims suffer is fine by me.

[Anonymous 7]

Update:
The Trumpster said he would walk back tariffs if a new NAFTA deal can get done.

So, f~~~ are there gonna be tariffs or no?
Love him or hate him it is FUN watching him work. He isn’t predictable that is for sure.

[Anonymous 7]

Anonymous wrote:

Anything that makes the Muslims suffer is fine by me.

I don’t necessarily want to see them suffer but I am tired of all the resources the world pumps into the ME and yet those f~~~ers cannot stop fighting with EVERYONE.

[Faust For ScienceParticipant 22531]

Anonymous wrote:

Update:
The Trumpster said he would walk back tariffs if a new NAFTA deal can get done.

So, f~~~ are there gonna be tariffs or no?
Love him or hate him it is FUN watching him work. He isn’t predictable that is for sure.

To understand the situation. Through loopholes in NAFTA the rest of the world are using Mexico and Canada as middle-men to ship their goods into the U.S. to avoid paying U.S. duties.

If NAFTA is either changed the way President Trump wants, or is dropped, these tariff might not be needed.

Given both the Mexican government and Canadian government hate President Trump for working to stop their gravy train, as the expense of the American people, they have been stonewalling any changes to NAFTA. Meanwhile, for the several months, the U.S. has been going through the motions of meetings to either renegotiate or drop out of NATFA.

President Trump knows that Mexico and Canada will not for this offer, and President Trump is setting up drop the U.S. out of NATFA and put in place tariffs and reciprocal taxes on imported goods. In the long run this is good for main street Americans.

By the way, Russia is likely number two at dominating the global oil and natural gas markets. This is why the globalist want the U.S. and Russia to go to war with each other, to prevent these to nations from dominating the global oil and natural gas markets.

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