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#oilprices

European Trade Triumph – A Boost For American Energy. The Energy Report
Dan Nicholson 7/31/2025 12:24:53 AM
Yes, #oilprices are low. Adjusted for inflation to 2018 the current WTI price is only ~$55. Maybe the message from falling rig counts has got through to Wright and Trump that we can't both have lower oil prices AND increased American production like in #Trump's first term. If Trump stays with this stance, and sticks it to Putin to help end the war in Ukraine, this could be a game changer.
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