Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Rex

January 12, 2017

Being the eternal optimist, I imagine pro-Israel Jared Kushner and pro-oil Rex Tillerson (no oil in Israel!) somehow brokering the impossible mid-East peace that — if ever attained — would solve so many of the world’s problems.

This is almost surely a fantasy.

What’s not a fantasy are the 63.7 million acres in Russia Exxon has rights to drill on . . . but is prevented by U.S. sanctions against Russia from exploiting.

(That’s more than double its drilling rights in all the other countries of the world combined.  The U.S. ranks second at 14 million acres, Canada third at 6 million.)

Exxon CEO Rex Tillerson testified yesterday he was unaware of any lobbying Exxon might have done to lift the sanctions, and when confronted with signed disclosure forms confirming that Exxon did lobby on this topic, he noted — quite remarkably I thought — that those forms left open the question whether Exxon was lobbying for or against the sanctions. (Just as NRA lobbying disclosure forms don’t specify whether they are lobbying for or against gun safety measures.)

If you can find the time, it’s laid out by Rachel Maddow in fascinating detail here.

 

 

Post navigation

← Uncle Charley: Should Bachelors Have Babies?
The “Green” Thing →

Quote of the Day

"Yap islanders ... use special kinds of stones as money. ... Some of them are too large to move, but everyone knows who owns them."

James S. Duesenberry (Money and Credit: Impact and Control)

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Ron, Jerry, And Ben

    August 31, 2026
  • Ay-eye-ay-aye -- Oh!

    August 29, 2026
  • Taking Back Religion -- And Trump's Attempt to Annex Canada

    August 27, 2026
  • The Mar-A-Lago Mafia

    August 25, 2026
  • Has The WSJ Gone Commie?

    August 24, 2026
  • Vaguely Related Good News

    August 23, 2026
  • Socialism and Spam

    August 22, 2026
  • I Was Duped

    August 20, 2026
  • Three Cool Things

    August 20, 2026
  • Socialism Is So 1845!

    August 19, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams