Oil executors gathered in Houston learned that US President Donald Trump came with a detention with the arrest of the partner-speaking fuel agenda: low prices.
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(Bloomberg) – Oil executors gathered in Houston This week, the US President’s President Donald Trump has a difficult paid: low prices.
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The global conference in the oil capital of the Western Hemisphere was believed to be a holiday house for new management by Ceravek. In the Oval office, along with Trump, the energy secretary Chris Wright, Joe Biden’s “destructive” climate policy is “dark”. Domestic Secretary Doug Burgum said that America’s resource wealth is a “roof” of the spirits with new growing focus.
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However, shale managers, foreign oil ministers and experts in the industry and Coffee Klatches, Trump carried out an aggressive trade campaign against Canada. Evaluation oil futures slipped in a barrel for about $ 65 in a larger market sales. The American leader called on the “Phenomenal News” price fall.
However, in the conference, the space, oil executors expressed concern.
“When the supply value is below,” Drilling, baby, drilling, ‘”Harold Hamm, Continental Resources Inc. Harold Hamm and Great Trump TV said. No doubt there are many areas that reach the point that is true. “
As a group, oil industry executors, Trump’s ‘Energy Dominance’ agenda determined, because it is more easily managed and providing more information to the pipeline and subtle tax regime. However, this is the part of the party that feathers them.
Blackrock Inc. CEO Larry Fink warned about a dangerous economic point.
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“If we are a little more nationalist – and I don’t tell you that there is a bad thing – but it resonates with me by raising inflation,” he said. “The only way we can navigate is not with cutting, because the cutting economy intends to destroy the economy.”
Trump’s Energy President, Wright, inviting investors called on Trump to view tariff threats. “You have to prepare sausages and in an interview, individually.” You must give it some time. ”
Hilton Americaas Hotel and neighboring George R. In the corridors, the brown congress central, managers, bankers and politicians, deals and the tariffs threatening the cost of balloon, were concerned about uncertainty.
“We begin to see the early early signs of inflation forces sitting in the system today,” said Conocophyillips CEO Rayan Lance. “We must give the control a little opportunity to work with this means.”
Meanwhile, Canadian officials were swept amazing and angry in the biggest trade partners.
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“We are 100% tariff, 200%?” Saying Alberta Energy Minister Brian Jean. “Will we close the border? Why are you doing this to your best friend?”
As he spoke, the United States is in the strongest position in one decade energy markets. Currently, it is the world’s largest oil producer, more than Saudi Arabia and Iraq – more than the largest manufacturers of OPEC -.
This operates more raws on world markets after the Opec + Union and both Conococophillips and Honzhli oil buildings.
“We think that between 2027 and 20130, US summits are likely to be produced,” he said. “After that it will be a decline.”
One thing everyone agreed that the developed world electricity will grow significantly for the first time over the years. Information Center Boom, President of the Federal Energy Regulatory Commission, Mark Christie, said Mark Christie provides a great opportunity for fuel source.
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According to Shelc PLC CEO Wael Sawan, liquefied natural gas demand will increase by 60% globally until 2040. “There is no question where the narrative is changing.” “The gas has a long runway.”
To whom the conference is a central theme, it turned out that in the last four years. Wright, the “quazi-religious” pursuit of “quasi-religious” pursuit of the environment “was endless sacrifices. The wind and the sun were the courage of the last management.”
His dispute did not land strongly as expected between the oil industry audience, only the silent applause. Many companies spent a lobbying for decarbon training efforts and years of “all of the above” energy policy, which includes an updated energy policy.
Wright’s “joys of a washing machine” Praise be removed from the participants of the key to the opening of energy to open poverty in the global south of the global south.
However, so far Trump is the best item for navigating the volatility that started in waking up trade measures and the best agenda for oil chiefs.
“The president and his team will need a trade agenda in that framework, the energy will need the energy Dominance diary to help me meet the Dominance agenda,” he said. “We are sure that we can win the White House.”
– Help from Alix High.
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