Trump repulsive prices to reduce more fat: Energy Secretary Wright

Energy Secretary Chris Wright said that the oil market was discounted on Thursday Donald TrumpPush to produce more raw and gas in the United States.

“It will be easier to produce oil and gas in the United States,” According to the WRIGHT CNBC “Square box. “” More supply, oil, gasoline, home heat fuel prices, everything on the board, this is the American people. “

US crude oil futures fell about 14%. Trump took office on January 20. There is a management promised to increase leases in federal lands and accelerate the water and permission process.

Trump tariffs and OPEC policies are weighted in the oil market in recent weeks, it has been aggravated in the oil market for several weeks as some habors can cause higher price and slower growth. On March 5, West Texas Ara, $ 65.22, $ 65.22, the lowest 65.22 dollars in Trump and Mexico in 2022 are the lowest 65.22 dollars after applying a 25% tariff. Later president the goods released It is compatible with the trade pact that governs North America to April 2.

Bar CEO MIKE WITH AND Conocofillips CEO Ryan Lance said they were waiting at an Energy Conference in Houston last week Oil production to the plateau of the United States In the coming years, after the Biden’s leadership, after hitting new notes. Wirth said Chevron was aimed at capital discipline than growing production.

“He did not prosecute growth for growth and especially for our industry,” said Wirth, S & P global conference. “At a time, you should start moving forward in a plateau, and you need to create more free cash flow.”

OPEC + also plans to start an increasing production in April, gradually launches a market that has reached a market with 2.2 million barrels.

Trump, Wright and Interior Secretary Doug Burgum Met with oil and gas managers Wednesday White House. Wright said they intend to work closely with the industry’s first message. “There is no red letter in the forehead.”

US crude oil prices Trump was humble in recent days as it started Airstrikes in Houthis He will bring to prosecute Iran for responsibility for the attack in Yemen and any future. West Texas intermediate, trading $ 67.11 for a barrel on Thursday morning.

Iran is a member of the OPEC and increases his fears from the violations of any escalation in tension with the country. Trump, Iranian oil exports to zero zero to zero to zero to negotiate the nuclear deal.