If this all holds, the oil business is going to be well represented in the administration of President-elect Donald Trump. Exxon’s Rex Tillerson at State. Texas’ Rick Perry at Energy. Oklahoma’s Scott Pruitt at the EPA.

Each of these candidates has deep, long-lasting ties to the industry. Each can rattle off the benefits of the U.S. production boom without a moments delay. And each is going to bring that bone-deep understanding to their job. What exactly that will mean for policy, will not always be straightforward. We discuss one aspect below in a section about the always entertaining Social Cost of Carbon.

But here’s one other thing to think about:

Much is being made in the initial news stories about Tillerson’s ties to Russia. But, Tillerson is also an evangelist for fracking, horizontal drilling and U.S. production. And the U.S. fracking boom is not something beloved in Russia; Russian media has invested a lot of time investigating problems blamed on fracking. Low prices brought about by the U.S. shale gale is bad news for Moscow — and this talk at the Council on Foreign Relations in 2012 shows that Tillerson has a nuanced view of the foreign policy impacts of the U.S. production boom.

Fount: Bloomberg