
US energy dominance would die under Trump’s pledge to slash gas prices, energy expert says. “You cannot have $1.50 pump prices and a thriving shale oil sector. Period.” A deep recession would be the only alternative to cut gas prices that much. Domestic production is already at all-time highs.
Source: mafco
3 Comments
Good thing nobody in the industry cares what his dumb fat-ass says.
The industry cares what its investors (Wall Street) think, and that is continuing to embrace capital discipline vs unhinged production growth.
And oh yeah we are already the largest O&G producing country in the world.
More Subsidies…
That’s the answer.
Trumpers got conned again.