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submitted 1 month ago by MicroWave@lemmy.world to c/world@lemmy.world

Summary

German Chancellor Olaf Scholz and French President Emmanuel Macron held a call to discuss the potential implications of Donald Trump’s return to the U.S. presidency for Europe.

The leaders pledged to strengthen cooperation for a “more united, stronger, more sovereign Europe” in light of this possibility. Macron emphasized a commitment to European sovereignty while maintaining cooperation with the U.S. Additionally, German and French defense ministers plan to meet to coordinate on defense policies.

Trump’s ambiguous stance on Russia’s war in Ukraine and his critical view of NATO burden-sharing raise concerns in Europe about future U.S.-Europe relations.

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[-] kautau@lemmy.world 21 points 1 month ago

He'll start buying russian natural resources at a dollar on the dime and gas prices will drop a little bit and all the dumb idiots that voted for him will drool and smile because "ooga booga feels good" while he pulls out of nato and the world marches towards WWIII

[-] Saik0Shinigami@lemmy.saik0.com -1 points 1 month ago

He’ll start buying russian natural resources at a dollar on the dime

How does that make any fucking sense when he wants to drill on US land? Do you guys even think about the shit you post before you post it?

[-] kautau@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

Last year the US imported ~8 million barrels of oil per day from 86 countries and exported about ~10 million barrels per day to 160 countries. Why didn’t we simply net it out at 2 million and stop all imports? Setting up additional drilling infrastructure not only takes time, but it’s often far more profitable to import/export over sea or intl borders. Why would we stop the profitable export of oil and prevent the profitable purchase of oil to spend time and money just moving oil across the country?

[-] Saik0Shinigami@lemmy.saik0.com 1 points 1 month ago

You're moving goalposts. You claimed that we'd pay MORE (dollar on the dime). Drilling locally means supply increases considerably. Supply going up with demand staying in place means price drops, there's no reason to pay "dollar on the dime"... and doing so would actually mean price increases.

Also, most exports are of the crude for processing where we purchase the refined for use. We had a decent deal with Canada to make a boatload of oil export/import in that exact purpose. But then Biden shut down the pipeline that would have made that much more efficient.

this post was submitted on 06 Nov 2024
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