‘Exploding oil.’ What is Trump talking about?
The clock is ticking for President Donald Trump to get a deal done with Iran.
Or maybe it’s the other way around: Iran could be dealing with a ticking time bomb – in its own oil wells! With just days to go before they’re destroyed.
That’s according to Trump, who can’t seem to stop talking about exploding oil.
April 23, Oval Office: “If they don’t get their oil moving, their whole oil infrastructure is going to explode. You know what that means? Because they have no place to store it and because they have no place to store it, if they have to stop it … something happens underground that essentially renders it in very poor shape and you never recover fully.”
April 26, Fox News: “When you have, you know, lines of vast amounts of oil pouring through your system, if for any reason that line is closed because you can’t continue to put it into containers or ships, which has happened to them (they have no ships because of the blockade), what happens is that line explodes from within, both mechanically and in the earth.”
May 4, Hugh Hewitt Show: “You know, their oil, when you turn off the oil, underground, and the mechanical too, but underground has a tendency in like almost 100% of the cases, to literally explode and just destroy everything around it. And you can never get that oil again.”
What in the world is he talking about?
There’s a kernel of truth in what Trump is saying, although it wouldn’t happen the way he’s describing it – and certainly not in the short timeframe he laid out.
The oil industry survived the oil shut in during the pandemic, as well as the occasional OPEC production caps.
However, switching back on is not going to be like flipping a switch, like Trump claims. And that''s even if Hormuz is opended.
Or maybe it’s the other way around: Iran could be dealing with a ticking time bomb – in its own oil wells! With just days to go before they’re destroyed.
That’s according to Trump, who can’t seem to stop talking about exploding oil.
April 23, Oval Office: “If they don’t get their oil moving, their whole oil infrastructure is going to explode. You know what that means? Because they have no place to store it and because they have no place to store it, if they have to stop it … something happens underground that essentially renders it in very poor shape and you never recover fully.”
April 26, Fox News: “When you have, you know, lines of vast amounts of oil pouring through your system, if for any reason that line is closed because you can’t continue to put it into containers or ships, which has happened to them (they have no ships because of the blockade), what happens is that line explodes from within, both mechanically and in the earth.”
May 4, Hugh Hewitt Show: “You know, their oil, when you turn off the oil, underground, and the mechanical too, but underground has a tendency in like almost 100% of the cases, to literally explode and just destroy everything around it. And you can never get that oil again.”
What in the world is he talking about?
There’s a kernel of truth in what Trump is saying, although it wouldn’t happen the way he’s describing it – and certainly not in the short timeframe he laid out.
The oil industry survived the oil shut in during the pandemic, as well as the occasional OPEC production caps.
However, switching back on is not going to be like flipping a switch, like Trump claims. And that''s even if Hormuz is opended.
