Tillerson, Exxon, Russia, Musk; $500 Billion Oil Deal (same as increase of U.S. Military Budget); and a Lesson from S. Korea?

Recap and additional facts on CEO of Exxon Rex Tillerson, conflicts of interest for Secretary of State post, possible Russian oil collaboration, and climate change:

-Trump says he is now seriously considering Texan Rex Tillerson–the current CEO of Exxon who was named Forbes 25th richest man in the world in 2015–for the post of Secretary of State.

-Exxon was the largest oil company in the world, until Rosneft–an oil company owned by the Russian government beat it by jailing heads of other Russian companies in the oil game. The two companies–Exxon and Rosneft–did a joint exploration deal expected to bring in $500 billion before discovering a new billion barrels of oil off Siberia. It was “expected to change the historical trajectory of Russia,” Maddow said on her show. (FYI: Exxon was also the largest company in the world until Apple Inc. beat it.)

-This $500 billion opportunity could very feasibly be overturned if Tillerson–who owns $150 million in Exxon shares– is appointed to the Secretary of State post. For perspective, that figure–$500 billion dollars– is also how much Trump wants to increase U.S. military spending, which would reach $1 trillion under the President-elect, according to Forbes.

-The deal was stopped due to sanctions that the Obama administration placed against Russia due to humanitarian issues in the Ukraine.

-Tillerson received the highest award for a noncitizen in Russia at an Energy Club Summit dubbed ‘Reshaping Global Oil Markets’ for the explored collaboration.

-Tillerson does not advocate ‘man made’ climate change.

-Sidebar: Monday afternoon, chief executives from Silicon Valley–including Elon Musk, one of the biggest proponents of climate change, and Apple’s CEO Tim Cook–are meeting with Trump in NYC. “A copy of the invite acquired by The Wall Street Journal was signed by Reince Priebus**, the incoming White House chief of staff, Jared Kushner, Trump’s son-in-law, and venture capitalist Peter Thiel.” FYI: In 2012, Theil advised then GOP Presidential-candidate Mitt Romney, whose name was also in the running for Secretary of State under Trump’s administration. Theil was quoted as telling Romney: “I think the most pessimistic candidate is going to win, because if you are too optimistic it suggests you are out of touch.”

-Tillerson’s past employers include Exxon, since 1975; he has no foreign policy experience.

Lessons from South Korea:

With our focus on the head-spinning news coming from Trump’s camp and possible appointees by the President-elect, that the impeachment of South Korean President Park Geun-hye for business ties that favored companies over citizens and broke dozens of Constitutional laws may have been overlooked.

As the slated leader of the free world, perhaps @realDonaldTrump should take a cue.

*Excerpt of Priebus’ take on the Tillerson as Secretary of State:

Reince Priebus, the incoming White House chief of staff, said everybody is “jumping the shark” with hysterical criticism about Exxon Mobil CEO Rex Tillerson possibly being nominated for secretary of state.
Reports that President-elect Donald Trump plans to pick Mr. Tillerson as America’s top diplomat spurred criticism from every corner, including from senators on both sides of the aisle.
“This sort of analysis is a little premature. But as to Rex Tillerson, he is one of the preeminent business people not just in America but in the entire world,” Mr. Priebus said on NBC’s “Meet the Press.”
Sen. Bob Melendez, the top Democrat on the Senate Foreign Relations Committee, called the potential nomination “alarming and absurd.”
Sen. John McCain, chairman of the Senate Armed Services Committee, said he is concerned about Mr. Tillerson’s close business relationship with Russian President Vladimir Putin. —The Washington Times

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