Tuesday, November 07, 2017

New red scare on Russia reaches new low with Wilbur Ross fake news on natural gas shipping company

Robert Romano


OMG! Commerce Secretary Wilbur Ross held stake in a company that ships natural gas, and actually found natural gas producers who wanted to ship it. One of them was Russia.
Stop the presses!
Actually, in this case, they probably should have stopped the presses.
The breathless reporting by NBC News and the International Consortium of Investigative Journalists that Commerce Secretary Wilbur Ross failed to disclose to Congress his financial stake in Navigator Holdings Ltd., a British company that ships natural gas and liquid petrochemicals, which did business with Russia — is utterly false and completely indefensible. Nothing was hidden from Congress.
So says Ross, in an exclusive interview with CNBC, saying, “That’s totally wrong. It was disclosed on the form 278 which is the financial disclosure form, in my case, three times,” Ross said.
The form with his interest in Navigator, listed openly on the Office of Government Ethics website, was filed by Ross on Dec. 19, 2016, before Ross was ever confirmed by the U.S. Senate in Feb. 2017.
That’s bad enough. But the allegation that a company that ships natural gas around the world, including from Russia — the number two producer of natural gas in the entire world second only to the U.S. — is somehow suspicious is laughable.


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