North America Via CNN

Trump's Oil Promise Falls Flat as Americas Industry Faces Crushing Pressure Under 2.0

The Americas oil industry is facing immense pressure as the Trump administration's trade policies and OPEC cartel tactics have disrupted global energy markets, undermining its promise of American energy dominance.

Trump's Oil Promise Falls Flat as Americas Industry Faces Crushing Pressure Under 2.0
Advertisement

The Americas oil industry is facing immense pressure under President Donald Trump's administration as his policies, particularly his trade wars, and the influence of OPEC, are having a profound impact on the industry's trajectory. Despite Trump's vow to usher in an era of American energy dominance, the industry is struggling to meet increasing global demand. The ongoing trade tensions with countries like China and Canada have led to supply chain disruptions and higher costs for oil producers. As a result, many are questioning whether the US will indeed become the world's top oil producer.

much drill baby
Share this article:
Original source: CNN
Read Original Article →

More Stories

Advertisement