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Tommy_Carcetti

(44,510 posts)
7. They're literally drinking buddies.
Thu Jan 26, 2017, 12:48 PM
Jan 2017
?w=300&h=226


http://www.politico.com/story/2016/12/exxon-mobile-russia-sanctions-rex-tillerson-232770


ExxonMobil helped defeat Russia sanctions bill

The company’s formidable lobbying operation cleared the way for outgoing CEO Rex Tillerson to help restore a program worth billions of dollars as secretary of state.

By Isaac Arnsdorf and Elana Schor
| 12/18/16 07:11 AM EST

ExxonMobil successfully lobbied against a bill that would have made it harder for the next president to lift sanctions against Russia, clearing the way for the oil giant to restart a program worth billions of dollars if Donald Trump eases those restrictions as president.

The company’s effort could be helped by outgoing CEO Rex Tillerson, who, if confirmed as secretary of state, would be a key adviser on the decision.

The bill, known as the STAND for Ukraine Act, would have converted into law for five years President Barack Obama’s measures punishing Russia for annexing Crimea, making it more difficult for Trump to roll them back. The Senate left town on Monday without acting on the bill, making it easier for Trump to end the sanctions with a stroke of the pen.

The sanctions forced Exxon to step back from a drilling project in Russia’s Arctic, a loss that the company valued in a regulatory filing at as much as $1 billion. Exxon also lobbied the Senate Foreign Relations Committee against previous bills punishing Russia for the invasion of Ukraine, according to a person familiar with the company’s efforts on Capitol Hill.

Exxon’s intervention against the sanctions bill could add to concerns among senators — including Republicans John McCain, Lindsey Graham and Marco Rubio — that Tillerson is too chummy with Vladimir Putin. Exxon’s business partner in Russia is state-owned Rosneft, led by Igor Sechin, a close Putin ally who was sanctioned by the Treasury Department in 2014. Tillerson and Putin personally concluded the joint venture in 2011.

Recommendations

0 members have recommended this reply (displayed in chronological order):

I agree. n/t MBS Jan 2017 #1
I think Flynn and Tillerson have both been compromised. Tommy_Carcetti Jan 2017 #2
Not sure about Tillerson. Flynn? Absolutely. nt GliderGuider Jan 2017 #4
They're literally drinking buddies. Tommy_Carcetti Jan 2017 #7
Notice how Flynn didn't have to go through a confirmation hearing? GliderGuider Jan 2017 #6
I think Tillerson has been compromised by Exxon and the almighty dollar... Raster Jan 2017 #29
Would you buy an 'alternative fact' from this man? Achilleaze Jan 2017 #3
Not if my life depended on it... nt GliderGuider Jan 2017 #5
He must be beholden to Putin get the red out Jan 2017 #10
Totally agree workinclasszero Jan 2017 #8
I unhappily agree with every word. GliderGuider Jan 2017 #11
"The supreme art of war is to subdue the enemy without fighting." Sun Tzu workinclasszero Jan 2017 #12
I still think there's going to be a backlash... JHan Jan 2017 #19
Maybe you are right but workinclasszero Jan 2017 #21
From the recent arrests for treason in Russia it looks like Flynn is theirs too. nt GliderGuider Jan 2017 #23
I agree get the red out Jan 2017 #9
...is one of... Iggo Jan 2017 #13
Yup. GliderGuider Jan 2017 #15
follow the money. mopinko Jan 2017 #14
Good point about Breitbart as a (non)profit center... nt GliderGuider Jan 2017 #18
Bannon, Flynn, AND Tillerson. blm Jan 2017 #16
That's a reasonable assessment. The reason I'm doubtful about Tillerson GliderGuider Jan 2017 #17
Putin wanted Tillerson to get the Exxon deal closed to bring a flood of cash to Russia blm Jan 2017 #20
+1 uponit7771 Jan 2017 #24
Absolutely. dalton99a Jan 2017 #22
I wonder if these guys have ties to Alexandr Dugin. Ilsa Jan 2017 #25
I've been screaming about Dugin for the last week. GliderGuider Jan 2017 #26
Yes, you and josh cryer, and I've saved and linked Ilsa Jan 2017 #27
In order to get a reaction, would it be fair to Ilsa Jan 2017 #28
That's a perfect description! I'll start using it immediately! GliderGuider Jan 2017 #30
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