Politics

Russia And Trump's Sec. Of State: $500 Billion Oil Deal (Video)

| by Michael Allen

President-elect Donald Trump is reportedly going to name Exxon Mobil Corp. CEO Rex Tillerson as Secretary of State (video below).

Tillerson has no foreign policy experience in government, and has worked at the oil giant his entire life. MSNBC's Rachel Maddow reported Dec. 12 that Exxon Mobil and Russia's state oil company, Rosneft, have a $500 billion oil deal waiting in the wings.

The deal centers around drilling in Russia's Arctic Sea a plan which was shelved in September 2014 when President Barack Obama put sanctions against Russia for its military intervention in Ukraine, noted the Wall Street Journal at the time.

Maddow reported that Putin and Tillerson have a good working relationship -- so much so that Putin gave Tillerson the highest Russian award a non-citizen can receive. Additionally, Tillerson holds more than $150 million in Exxon Mobile shares, which could skyrocket if the U.S. sanctions are dropped and the Russia deal is back on.

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Sources at the CIA said Dec. 9 that the agency found that Russia had tampered with the U.S. election, which Trump dismissed in a tweet that same day, notes The New York Times: "[T]hese are the same people that said Saddam Hussein had weapons of mass destruction."

As a matter of record, it was ex-CIA head George Tenet, appointed by President George W. Bush, who backed the Bush administration on the WMDs-in-Iraq ruse, not the current CIA head.

According to The New York Times, the Russians broke into the Republican National Committee and Democratic National Committee computers, but only released Democratic documents.

As to why Russia would favor Trump over former Democratic presidential nominee Hillary Clinton, the answer may be that Clinton would have continued Obama's sanctions against Russia, while Trump is likely to lift the sanctions, which means the Exxon Mobile/Russian deal would probably go through.

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Several Republicans have voiced their concerns about Russia interfering in the election, and there are talks about a congressional investigation.

Sources: The Rachel Maddow Show, Wall Street Journal via Archive.org, The New York Times / Photo credit: premier.gov.ru/Wikimedia Commons

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