From AJOT/Bloomberg The Trump administration is proposing tariffs on goods from countries found to have undervalued currencies, in a move that would further escalate its assault on global trading rules. The proposal, laid out in a Federal Register notice released on Thursday, would let U.S.-based companies seek anti-subsidy tariffs on products from countries found by the U.S. Treasury Department to
From Bloomberg U.S. President Donald Trump resumed his attacks on OPEC, saying the global economy is too fragile to handle a price hike and urging the cartel to “relax and take it easy.” Trump’s war of words with the Organization of Petroleum Exporting Countries punctuated big price swings last year, as he pressured the group to keep the taps open
From Reuters Oil prices rose about 1 percent on Tuesday as the market shifted focus to the possibility of increased Chinese demand, drawing attention away from trade tensions between that country and the United States after a series of tariffs imposed by both countries. Brent crude was up 76 cents at $73.82 a barrel by 12:27 p.m. EDT (1627 GMT).
From Reuters Global oil benchmark Brent fell more than $2 a barrel on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China and Libya announced the reopening of key oil export terminals. The specter of tariffs on a further $200 billion of Chinese goods sent commodities lower along with stock markets, as tension between the world’s
Trump says he Understands if a Municipality or State wants to Ban Fracing On the campaign trail, Donald J. Trump has referenced fracing in a number of speeches, always on the favorable side. Trump made a strong endorsement for shale energy development in his North Dakota energy policy speech in May. And rumors have come out in the media that he’s looking at
Trump is headliner at the Western Conservative Summit In his first appearance in Colorado since he launched his campaign for the 2016 presidential election, presumed Republican nominee Donald Trump spoke to several thousand attendees at an event today at the Colorado Convention Center in downtown Denver. Donald Trump speaks in Denver, Colorado, July 1, 2016 – Oil & Gas 360
Clinton believes the 12.5% federal royalty rate is lagging behind Hilary Clinton promised yesterday that she will raise the royalty rate the government charges companies that extract oil, gas and coal from onshore federal lands from 12.5% if she is elected president. Clinton’s campaign said she would ensure taxpayers are “getting a fair deal” by raising royalty rates, which are
Trump’s energy message is job-focused; presumed Republican candidate says he intends to remove barriers that block the development of America’s energy resources In a campaign speech in North Dakota last week, presumed Republican presidential nominee and real estate developer Donald J. Trump laid out his energy plan for the country. Trump’s characterization was that his plan represents “energy reform that creates trillions in new wealth.” Below are
From ABC News Donald Trump reached the number of delegates needed to clinch the Republican nomination for president Thursday, completing an unlikely rise that has upended the political landscape and set the stage for a bitter fall campaign. Trump was put over the top in the Associated Press delegate count by a small number of the party’s unbound delegates who
