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Oil executives supported Trump. Now he’s causing them heartburn.
The economic turbulence from President Donald Trump’s whipsawing trade wars is starting to test the patience of the oil and gas sector — and threatening to undermine the explosive energy growth he promised during his campaign. Oil and gas executives poured tens of millions into Trump’s campaign coffers to help him enact the “energy dominance” policies he promised would drive down costs for American consumers and spur rapid increases in the United States’ already record-high fuel production. But the trade fights Trump has triggered, including tariffs on steel, aluminum and crude imports, are set to drive ... (full story)
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- Posted: Mar 12, 2025 4:53pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 79
