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2018-02-02 12:17:00

U.S. ENERGY WAR

U.S. ENERGY WAR

PLATTS - President Donald Trump said Tuesday that the "war" on American energy is over in a State of the Union speech given as US crude oil output is set to reach levels not seen in more than 47 years.

The speech barely touched on energy. Trump did not even mention oil and much of the growth in US output took place while President Obama was still in the White House. But this month, US production is expected to average more than 10 million b/d for the first time since November 1970. The output jump is already altering US foreign relations and bolstering…

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Tags: USA, ENERGY, OIL, GAS, SANCTIONS
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