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

cnbc.com/2025/04/29/oil-companies-that-trump-wants-to-drill-baby-drill-take-a-beating.html

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.

This story appeared on cnbc.com, 2025-04-29 16:43:19.
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