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ICYMI: Sununu’s Big Oil Stocks Benefited from Trump Operation He “Rushed to Praise”

ICYMI: Sununu’s Big Oil Stocks Benefited from Trump Operation He “Rushed to Praise”

In Case You Missed It, recent reporting in The Daily Beast’s The Swamp newsletter shows Donald Trump-endorsed candidate John Sununu “rushed to praise” Trump’s capture of Nicholas Maduro while owning tens of thousands of dollars of stock in Big Oil companies, such as Exxon Mobil and Shell, “which did nicely out of” Trump’s operation. 

Read more below: 

Daily Beast: Senate Candidates Could Personally Benefit Off Trump’s Venezuela Operation

  • [...] Drill baby drill has become Republican orthodoxy for years. But then Donald Trump ordered the capture of Nicolas Maduro, Venezuela’s dictator president, and decided that to the victor goes the oil. Which seems to have worked out rather nicely for a series of very high-profile Republican candidates… who happened to be invested in companies which did nicely out of the Venezuelan adventure. 
  • A review of candidate financial disclosures by The Swamp found that the candidates rushed to praise the kidnapping, then watched their portfolios go up in value.
  • [...] New Hampshire Senate candidate John Sununu also holds between $15,000 and $50,000 in ExxonMobil stock, as well as between $16,000 and $65,000 in Shell stock (also up nicely this year from $75.03 to $96.52). Sununu said taking Maduro “makes America and the Western Hemisphere safer, and will allow him to be brought to justice for his crimes.”
  • In June, Shell signed a five-year agreement with Venezuela for oil and gas projects.
  • [...]

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