Trump’s Energy Secretary Says Fear Over Oil Prices Is Misplaced

Trump’s energy secretary says average oil prices will be lower

Energy prices are set to be lower under the current U.S. administration than in the prior one, according to U.S. Energy Secretary Chris Wright.

While all eyes are focused on tariffs, deportations, taxes and, of course, the stock exchange, the cabinet member of President Donald J. Trump currently positioned to be the chief asset of the Executive and the MVP of the Golden Energy Age of the Trump Administration is Energy Secretary Chris Wright.Read more]]>

Chris Wright optimistic about drilling despite price plunge

As the oil market experienced declining prices this week, Energy Secretary Chris Wright projected optimism about domestic production, despite the uncertainty fueled by tariffs and plans by the OPEC+ nations to raise output. Oil prices hit a four-year low this week and have yet to fully rebound. Prices rose Friday but were still down on the week, with West Texas Intermediate at $61.45 per barrel, down about 50 cents on the week. Prices are down m…

Trump's Energy Secretary Says Fear Over Oil Prices Misplaced

US Energy Secretary Chris Wright said the selloff in the oil market is overblown, and he expects American crude produces to keep increasing production.

Trump’s Energy Secretary Says Fear Over Oil Prices Is Misplaced

US Energy Secretary Chris Wright said the selloff in the oil market is overblown, and he expects American crude produces to keep increasing production.

Energy Secretary Chris Wright optimistic about domestic drilling despite oil price plunge

As the oil market experienced declining prices this week, Energy Secretary Chris Wright projected optimism about domestic production, despite the uncertainty fueled by tariffs and plans by the OPEC+ nations to raise output. Oil prices hit a four-year low this week and have yet to fully rebound. Prices rose Friday but were still down on the... The post Energy Secretary Chris Wright optimistic about domestic drilling despite oil price plunge appea…