Who’s Fortune Is Trump Talking About?

Writes Moon of Alabama:

Much of Trump’s wars seem to be about shuffling money from the bottom to the top.

Trump says US could ‘easily’ take Strait of Hormuz, ‘make a fortune’ over oil exports – NY Post, Apr 3 2026

“With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A ‘GUSHER’ FOR THE WORLD??? President DONALD J. TRUMP,” he posted on Truth Social.

Trump claims US ‘made a fortune’ from Venezuela’s oil – Anadolu, May 16 2026

President Donald Trump said on Friday that the U.S. had made a “fortune” from Venezuelan oil since launching a swift military campaign in Venezuela against former President Nicolas Maduro.
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“By the way, we have made a fortune with their oil,” he said, claiming that Caracas also made “more money in the last eight months than they’ve made in the last 10 years.”

The Countries Profiting From the War Oil Shock, as Others Lose Out (archived) – NY Times, May 16 2026

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The United States is the world’s biggest producer of oil and natural gas, cushioning the economic blow from a war that it and Israel started. By late March, U.S. companies were exporting much more oil, diesel and other fuels than normal. ..
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.. much of that extra revenue is likely to benefit investors in the form of higher stock prices and dividends. Many state governments will also earn more because they will receive bigger tax and royalty payments, as will landowners who have allowed oil drilling on their property.

The Oil Shock Is Causing a $45 Billion Rupture in the Economy – WSJ, May 16 2026

Americans have cumulatively spent about $45 billion more on gasoline and diesel during the war with Iran than they did during the same period a year ago, according to an analysis of OPIS pricing data and federal demand figures. The surging costs are eating an outsize share of low- and middle-income consumers’ paychecks, darkening their outlook relative to the

The Best of Llewellyn H. Rockwell, Jr.