Updated
Updated · Reuters · Apr 30
Trump administration weighs steps to raise US oil output
Updated
Updated · Reuters · Apr 30

Trump administration weighs steps to raise US oil output

11 articles · Updated · Reuters · Apr 30
  • At the White House, economic adviser Kevin Hassett said officials are in constant contact with oil companies and could act really soon.
  • He said the administration is examining regulations that may be slowing production increases and studying how quickly those rules could be changed.
  • The effort is aimed at cushioning US energy supplies from disruption linked to the Iran war as Washington considers domestic measures to boost output.
With oil prices soaring, why are U.S. producers reluctant to drill more and ease the global energy crisis?
As the UAE exits OPEC during a major war, is the world heading for a new oil price war?