Oil industry executives urge Trump not to curb US petroleum exports: report - EUROPE SAYS
WASHINGTON (TNND) — Executives in the oil industry and White House officials are attempting to stop any effort by the Trump administration to curbUS petroleum exports, according to reports. This report comes. . .
WASHINGTON (TNND) — Executives in the oil industry and White House officials are attempting to stop any effort by the Trump administration to curbUS petroleum exports, according to reports. This report comes after President Donald Trump criticized oil giants Exxon and Chevron for making too much money. “They’re making too much money,” thepresident said in the Oval Office on Monday. “[It’s] too much money. You’re surprised? I’m saying it. I’ll say it loud and clear. ”Representatives from the oil industry have reached out to Chief of Staff Susie Wiles and other members of the administration following the president’s remarks. “There’s an all-hands-on-deck from industry and inside the administration to stave it off,” said an energy industry executive who was granted anonymity to describe discussions,” one source said,according to the Politico news outlet. The source said that everyone knows “Trump’s gonna Trump. ”The White House has come out and said that export restrictions are not under consideration. “While the President and his entire energy team have taken several actions to mitigate temporary disruptions to the energy market, the Administration has been quite clear: there is no plan to implement restrictions on oil and gas exports,” White House spokesperson Taylor Rogers said, according to Politico. Tags:Crude OilCrude Oil Priceoil pricePetroleum