Did President Donald Trump collude with OPEC and cut a backroom deal? There are reports that maybe he did, and it might involve OPEC bringing more oil into the market. The President’s call for more OPEC oil was perhaps just a facade as he with full knowledge had a deal with the cartel to bring on more oil. In fact, there may also be a Russian connection as it appears Russia is also saying that they are prepared to add more oil as the U.S. looks to crush the terrorist sponsor Iranian regime.
Reports state that Saudi Arabia and Russia had told the U.S. earlier this year that they had planned to boost production through December. What’s more, they had reportedly informed the U.S. of their plans before the OPEC+ Russia meeting in Algiers, according to a report in Zero Hedge. Other sources seem to back up this story. Reuters reported that Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before a meeting in Algiers with other producers, four sources familiar with the plan said.
Now the obvious question, what did the President know and when did he know it? Was Brett Kavanaugh informed of this decision? If so, why did he not immediately leak this to the press? He was obviously involved in this cover-up scheme to bring more oil to the market. He should demand an investigation on himself to clear his name of this dastardly charge.
The aim was clear. The intent was to try to cool prices ahead of Iranian sanctions and a Mid-term election. In fact, one might wonder that by pressuring OPEC to add more supply to the market might be considered collusion when the heads of foreign states drive down gasoline prices to influence the outcome of the Mid-Term elections.
Even the Russians are involved as Russian oil output surged to a record 11.356 million a post-Soviet high. In fact, Russian Energy Minister Alexander Novak said Russia has even more spare capacity to add to the market if needed, but refused to say exactly how much. That raises the question, what type of dirt does Donald Trump have on Novak? In fact, perhaps we should require lie detector tests on all involved. If they need help they might want to call Mrs. Ford because she has experience with these types of tests.