Quote of the Day: “Let the Damn Oil Flow!”

Ralf Hirschberger/DPA via ZUMA

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President Trump in a cabinet meeting last week:

And I make calls. I said, “You better let that oil and that gasoline flow.” And they did. And now it’s down to $44. And I put out a social media statement yesterday; I said, “Do you think it’s luck that that happens?” It’s not luck. It’s not luck. I called up certain people, and I said, “Let that damn oil and gasoline — you let it flow — the oil.”

Tough! Good work, Mr. Pres—

Saudi Arabia is seeking a return to $80-a-barrel oil to cover a massive government spending boost—and plans to cut crude exports to 7.1 million barrels a day by the end of January, according to OPEC officials….To cover proposed expenditures, Riyadh is set to reduce its crude exports by as much as 800,000 barrels a day from November levels.

After all we’ve done to ignore the murder of Jamal Khashoggi, you’d think they’d be more grateful. But I guess it’s all fine. We don’t need the Saudis, after all. We’re the biggest oil producer in the world now, thanks to fracking. We can open our own taps and produce as much oil as we—

Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors….Collectively, the companies that made projections are on track to pump nearly 10% less oil and gas than they forecast for those areas….Some companies are off track by more than 50% in certain regions.

Oh. Well, I guess there’s always the Iranians. Maybe we could call a do-over and try to make friends with them again. Or maybe Russia. Or Venezuela. Or Canada. Or…oh crap. We’ve really pissed off a lot of big oil producers, haven’t we? But it should all work out. With a recession coming, we won’t need as much oil anyway.

SIX TRUTHS

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Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

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Truth #5: It's about minority rule.

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Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

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