Latest

Trump: We Are Banning Saudi Oil From America

President-elect Donald Trump has announced plans to create

President-elect Donald Trump has announced plans to create “complete American energy independence” and ban Saudi Arabian oil from the U.S. market – and the Saudis have begun to panic.

Imagine making the world’s largest oil exporter sweat it out.

That’s exactly what Donald Trump is doing. The president-elect has said repeatedly that the U.S. needs to ban all oil imports from Saudi Arabia.

During his campaign Trump vowed to secure U.S. energy independence from “our foes and the oil cartels,” and predictably the Saudis, major donors to the Clinton campaign, aren’t happy with the way things are going.

On Wednesday Saudi oil minister Khalid Al-Falih warned Trump that banning Saudi oil could “seriously damage” the U.S. economy. “At his heart President-elect Trump will see the benefits and I think the oil industry will also be advising him accordingly that blocking trade in any product is not healthy,” Saudi Energy Minister and Aramco chairman Khalid Al-Falih told the Financial Times.

But the Saudi energy minister’s threats of serious damage to the American economy don’t add up.  When it comes to oil production in 2016, the U.S. is right behind Saudi Arabia. There is simply no need for the U.S. to import oil and prop up a repressive regime that was exposed by WikiLeaks as providers of “financial and logistical support” for ISIS.

Major oil and gas discovery in Texas

The Saudi oil minister’s threats of economic damage to the U.S. were further undermined yesterday when the U.S. Geological Survey announced that a deposit in West Texas is the largest continuous oil and gas deposit ever discovered in the United States.

On Tuesday, the USGS announced that an area known as the Wolfcamp shale contains 20 billion barrels of oil and 16 trillion cubic feet of natural gas. That is nearly three times more petroleum than the agency found in North Dakota’s Bakken shale in 2013.

As NPR’s Jeff Brady reported, the amount of oil in the Wolfcamp shale formation is nearly three times the amount of petroleum products used by the entire country in a year.

Trump’s plans for complete energy independence are achievable and will be a major boost to the U.S. economy. The only economy that will be “seriously damaged” belongs to the Saudis.

Baxter Dmitry
Follow me

Baxter Dmitry

Writer at Your News Wire
Passionate about motor sports, military history and the truth, Baxter has travelled in over 80 countries and won arguments in every single one.
Baxter Dmitry
Follow me
Baxter Dmitry
About Baxter Dmitry (481 Articles)
Passionate about motor sports, military history and the truth, Baxter has travelled in over 80 countries and won arguments in every single one.
  • http://reports-finance.move.pk weloloh
  • mike

    looks like gas prices will rise sharply before the found oil is processed & ready for use

    • purplediamond

      I don’t think it will. The oil production ND has slowed way down & if we were buying our own oil it might even go down. There is a LOT of oil in ND.

  • Greg Burton

    What good will that do? Yes, the Saudis have acted as paymasters for the CIA to give the CIA and its Zionist brother in Israel, giving both plausible deniability for the treacherous acts they have have carried out across the planet. Saudi Arabia did become the home of the Muslim Brotherhood, progenitor of al Qaeda and ISIS, the Arab NaZi network of terrorist; and Saudi Arabia did fund the 9/11 patsies, many of them Saudi nationals, who would later be blamed for the 9/11 attacks.

    But, placing the blame on the Saudis for 9/11 is merely a distraction away from the real perpetrators behind 9/11 here in the US, in Israel and the UK.

    Besides, the price of oil is now making secular lows, and will stay low until the deindustrialization, depopulation phase of the globalist plan for the Satanic NWO is finished. Probably by the turn of the next century. By that time, Saudi Arabia as well as America will have been sacrificed for the Satanic NWO, and relegated into the dust-bin of history.

    https://uploads.disquscdn.com/images/afa139f1064b8ad05ba85648ff9b3f28449fb8f7427f2e81a51a513af6dfc7cc.jpg
    https://uploads.disquscdn.com/images/01f82532855f85344ef7a9cb7968ecd05ae23dbd8035c57eef1ccd1498f8d8a3.jpg https://uploads.disquscdn.com/images/8124346bc6df1dd203e6e619e00fe20e97d9c2e604faa7535809f58bf1b43a61.jpg https://uploads.disquscdn.com/images/43ccd1b295fd53f6b763454afe8f4d4b56c8a9e1dd35b001cfbb85ba61465ab3.jpg https://uploads.disquscdn.com/images/f154bad36c072d968fc7778e22e664d89d8fc236e881b2edffec19fa9dc7be8c.jpg

    • whodat99

      Gee, Greg, all of your supporting facts for this fairy tale are astounding. This certainly isn’t just about 9/11 as you so narrowly have defined the issue. Go back to reading your conspiracy comic books.

  • ken luther

    I’m glad Saudi oil is history. As a matter of fact, I’m thrilled.

  • Robert Ahrens

    I’ve known for many years that Saudi Arabia has been funding many terrorist groups, some that many Americans have no idea are even in existence. With many years of military service as an “observer” of the actions of rogue regimes and the intentions of said regimes I’ve witnessed things that would give Stephen King nightmares. As for those who say “Zionists” are behind everything that goes wrong that is just ignorance of facts speaking. The only Allie in the Middle East is Israel. America could at least count on Egypt, Turkey and,( with a weary eye), Jordan before Obama and his bumbling brigade took office. Trump is a brilliant negotiator, businessman and will be a great boost to America. It’s past time to put these terror funding countries in their place. They have stiffed Americans for way too long and the left,( and RINO’s), have allowed it to continue unchecked. NO MORE!

    • renest

      Israel is no Ally they are Moochers and Troublemakers, and they easily mooch 3.1 Billion Dollars a year from the American Taxpayer, plus arms, and technology, because they control the US Government through the International Banking System, and are supported by most of our churches and people, because most Americans haven’t a clue concerning what is really going on. What you have written here tells me that you are one of the clueless, or you are a Zionist Schill, I say this because I have been doing research concerning America’s status and decline for 16 years, and am constantly in touch with others around the world who have been at uncovering and exposing the truth, sometimes much longer than I. Are you sure that you did not know that the Saud Family have Jewish Roots, and work hand in hand with Israel/ Why do you think that Saudi Arabia is still considered an Ally of the US since the Zionists supposedly dislike Arabs? Why has ISIS not attacked Israel or Saudi Arabia?

  • Distressed7

    Unlike Obama…Trump has the guts to leave this ugly alliance.

  • Master_Rabbit

    This is stupid. Banning oil imports will just hasten the decline of the dollar. You think the saudis will give a rat’s ass if they’re using yen or rubles or pandas? All this will do is give domestic producers a captive market.

  • Edible Speedy

    Trump hasnt announced anything. He’s not president yet. Campaign talk.

  • Habis Katatbeh

    US will lose trillions of dollars of the Saudi assist invist and hide in the American banks from selling the oil to US, pluse china will get the best prices from Saudi Arabia and will have stronger economy than US , Saudi can flood the markit again with cheap prices oil will kill the US oil prices and economy , the people of Saudi Arabia or there neighbors getting nothing from the trillions of dollars the government hide in the American banks , they’ll not be effected that much if Saudi Arabia become broke country even though it’ll not be , but this is good chance for the people f Saudi Arabia and the Muslims take over the government to fix the setuations there and in the meddle east as long as they work for the Saudi people not be pupits for outsiders .

  • King Cameron

    Everyone can relax, the US will be fine – some nobody from some trash web news site said so.

  • Diane Hovinga

    It’s about time we make them sweat it! We know now that someone in the Saudi government financed the 9/11 attackers; with friends like that who needs enemies!