Reported 9 days ago
Texas oil executives voiced their frustration at a recent golf tournament, lamenting how President Trump's trade policies have led to a significant decline in crude oil prices. Despite their past support for him, many in the industry are feeling the pinch as oil prices drop to four-year lows, affecting their operations and profitability. Executives worry that continued low prices could drastically reduce production in the U.S., threatening both jobs and the country's dominance in the global oil market.
Source: YAHOO