Episode 62 - Iran | The Trump Effect | Saudi Nuclear Reactors | Aramco Most Profitable Company

Published: April 2, 2019, 2:15 p.m.

b'S to extend Iran oil sanctions waivers to China, India, South Korea, Turkey: survey
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/032919-us-to-extend-iran-oil-sanctions-waivers-to-china-india-korea-turkey-survey
In terms of foreign policy goals, the sanctions haven\\u2019t achieved their goals in terms of pulling back Iranian paramilitary organizations, terrorist activities.

Trump will see cheaper gas prices, but it\'s not because of his oil tweet: Energy expert Tom Kloza
https://www.cnbc.com/2019/03/28/trump-will-see-cheaper-gas-but-not-because-of-his-tweet-tom-kloza.html
Trump more focused on price at the pump (gasoline) than oil prices
Trump\\u2019s tweeting for lower prices very disheartening to oil workers

Trump administration OKs nuclear energy transfers to Saudi Arabia, sparking new battle with Congress
https://www.cnbc.com/2019/03/29/trump-team-and-congress-spar-over-nuclear-energy-transfers-to-saudis.html
This is so U.S. companies can bid along with companies from Russia, China, South Korea and France.

Aramco!
Most profitable company
Costs $2.80/barrel - much less than assumed (between $2 and $10)
Lack of qualified oil and gas employees in the future - potential labor shortage is something face in the States as well.
https://www.forbes.com/sites/ellenrwald/2019/04/01/saudi-aramco-is-the-most-profitable-company-in-the-world-but-where-is-all-the-money-going/

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