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President Donald Trump calls for oil producers for “drilling, baby, drilling”. US oil and gas investors may not be on the plane by plan.
“Currently, the low oil price is that we will start to see many companies that began to retreat on capital expenditures,” he said, energy financial analysis at the Institute of Energy Economics and Financial Analysis.
The United States is already preparing more crude oil from any nation in history. In December 2024, US oil and gas companies produced more than 13.49 million barrels per day. This is always a high production ratio US Energy Data Management Notes.
High rates of production inclined to reduce the prices that benefit from consumers. However, if the prices are far away, they can stop drilling if it affects the profit of producers.
The majority of Americans see that oil prices are reflected in the price of gas stations. Retail price of gasoline based on seasonal trends and other factors. On March 24, 2025, according to Gajılı, the world average of the secondary gasoline of non-displaced gasoline was about $ 3.10. According to Gasbuddy, in June 2022, the lowest level of higher average price of more than $ 5 is below the low level.
US gasoline prices are expected to decline in 2025 and 19 kopecks, according to the US Energy Information Administration forecasts.
According to the EIA, crude oil prices in the United States are about 52.6% of the average retail price of gasoline in 2023, and the latest information is available.
The future trajectory of crude oil prices is the main concern for investors in the oil and gas industry.
On March 24, 2025, the price price of the bench for crude oil was hovered from a barrel to the West Texas, below $ 70. The S & P awaits analysts in the global commodity concept WTI, on average in 2025 to $ 66 / barrel.
Crude oil prices, until January 2025.
Oil prices affect the profitability of oil and gas enterprises that need to sell low prices in global markets.
In March 2024, the manufacturers surveyed by the Federal Reserve Bank of the Dallas said that it should sell oil in a barrel of about $ 64 to drill new wells.
“This is a real problem for the manufacturers to get oil prices at a level where consumers can live in the same time,” said Williams-Derry.
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