Oil companies that Trump wants to ‘drill, baby, drill’ have taken a beating since he took office

  • Posted on April 29, 2025
  • By CNBC
  • 2 Views
Oil companies that Trump wants to ‘drill, baby, drill’ have taken a beating since he took office

U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for many companies to drill.
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CNBC

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