President Trump Tweets Support for Domestic Energy Producers as Crude Prices Remain Low

President Donald Trump has instructed his administration to look into ways to make funds available to domestic oil and gas produces who are struggling amid the lowest oil prices in two decades. On Tuesday, the President tweeted his support for U.S. oil and gas producers. 

“We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future!” President Trump tweeted on Tuesday, a day after the front-month U.S. benchmark oil futures contract crashed by more than 300% into negative territory.


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