YoursTruly
Platinum Member
- Dec 21, 2019
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Another unthought out plan by Trump, costing us money. Seizing these tankers full of oil is costing us more than the money we'd make by selling it.
But there’s a problem.
The seizures have put the U.S. government in a financial bind. The ships are highly expensive to maintain. And the Trump administration cannot legally sell their oil without a judge’s permission.
Maintaining the seized tankers has already cost the United States tens of millions of dollars — in one case, $47 million in only three months — and complicates President Donald Trump’s claims of swift financial victories from his military operations targeting Venezuela and Iran.
The situation is laid bare in U.S. District Court in Washington, where Trump officials are detailing the financial burden of maintaining a seized tanker.
The oil tankers Trump seized are costing the US millions of dollars
WASHINGTON — In an effort to crack down on nations it views as promoting terrorism, the Trump administration has been carrying out a campaign of seizing tankers carrying oil, a move the president has repeatedly characterized as a financial boon for Americans.But there’s a problem.
The seizures have put the U.S. government in a financial bind. The ships are highly expensive to maintain. And the Trump administration cannot legally sell their oil without a judge’s permission.
Maintaining the seized tankers has already cost the United States tens of millions of dollars — in one case, $47 million in only three months — and complicates President Donald Trump’s claims of swift financial victories from his military operations targeting Venezuela and Iran.
The situation is laid bare in U.S. District Court in Washington, where Trump officials are detailing the financial burden of maintaining a seized tanker.
