I want to reiterate all the points I made about Trump’s speech last night. Just for the sake of his own political standing, the whole idea was a mistake. It wasn’t a good speech. It wasn’t delivered well. And it didn’t either make favorable news or actually address the issues that have the public or energy markets upset. I didn’t realize as I was watching the speech that his vague “two to three weeks” prediction of when the war will end was really just a restatement of what we might call the Trumpian Constant, the prescribed duration after Trump will, purportedly, always have gotten things worked out and awesome. The time before the Obamacare replacement plan is released, when infrastructure week will finally arrive. I mean, two weeks is genuinely a cliche with Trump or, in more modern parlance, a meme. Trump just tacked on another week. As you might have seen there are lots of charts floating around showing how the price of oil and oil futures spiked pretty dramatically during his speech.
Want to keep reading?
Join and get The Backchannel member newsletter along with unlimited access to all TPM articles and member features.
Latest In The Backchannel