• 4 minutes Trump will meet with executives in the energy industry to discuss the impact of COVID-19
  • 8 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 11 minutes Why Trump Is Right to Re-Open the Economy
  • 13 minutes Its going to be an oil bloodbath
  • 6 hours While China was covering up Covid-19 it went on an international buying spree for ventilators and masks. From Jan 7th until the end of February China bought 2.2 Billion masks !
  • 54 mins Ten days ago Trump sent New York Hydroxychloroquine. Being administered to infected. Covid deaths dropped last few days. Fewer on ventilators. Hydroxychloroquine "Cause and Effect" ?
  • 26 mins US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 11 hours China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 8 hours Real Death Toll In CCP Virus May Be 12X Official Toll
  • 1 hour Which producers will shut in first?
  • 8 hours Marine based energy generation
  • 13 hours Today 127 new cases in US, 99 in China, 778 in Italy
  • 8 hours What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
  • 9 hours How to Create a Pandemic
  • 10 hours Apple to Bypass Internet and Beam Directly to Phones
  • 1 day TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

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What Trump’s Iran Decision Tells Us About Oil Markets

Trump

There is only one oil story worth concentrating on this week, and the market’s reaction to it tells us so much about our oil positions that it deserves to be the only topic of discussion for this column:

President Trump has decided to pull out of the Iran nuclear deal, a move he threatened to make throughout his presidential campaign.

The first point I want to concentrate on is how predictable this move was from President Trump.

If nothing else, our President has had one lone but consistent aim; to try faithfully to follow through on his campaign promises, no matter how outrageous or impossible their implications might be. Many of us thought that much of the rhetoric that Trump used during the campaign would be forgotten under the weight of responsibility that comes with being President, but much to the contrary, he has pursued even the most impractical proposals he laid out on the campaign trail.

He has so far tried and failed – three times – to initiate a Muslim ban.

He’s also tried several avenues to gain funding for his promised border wall with Mexico, also without success.

With more success, he scuttled the Paris Accord and the Trans-Pacific Partnership, while putting parts of the NAFTA agreement on life support.

He’s delivered on his tax cut promise, even if it was far more business oriented than what he probably envisioned, and he has significantly cut into environmental regulations and restrictive…




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