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From strong performance to continuous decline: How did Trump shake the oil market?
Has Trump's Energy policy completely changed the oil market landscape? Analysts have differing views; will oil prices fall below $60 per barrel amid the tug-of-war between bulls and bears?
Trump's "Energy card": filling the SPR, lifting the LNG export ban, and exporting USA's energy to the entire world.
In his inaugural address, Trump promised to lower Energy prices, fill the USA Strategic Petroleum Reserve (SPR), lift restrictions on liquefied natural gas (LNG) exports, and export USA's Energy to the entire world. Trump also repeatedly promised to reduce Energy prices by 50% during his campaign. Analysts believe that Trump's commitment to lowering Energy prices by 50% is nearly impossible to achieve. In contrast, even during a global pandemic, which is a major disaster, the average Energy cost for Americans only decreased by less than 20%, and oil producers who verbally support Trump will see their profits squeezed.
U.S. LNG Projects Poised to Resume Following Trump's Export Permit Restart
Energy Stocks Had the Largest Return Last Week – Here Are the Top Quant-rated Stocks
Shares of Energy Companies Are Trading Higher After President Trump Declared a National Energy Emergency and Vowed to Drill More.
On his first day in office, Trump began to reshape US Energy.
Hours after taking office on Monday, President Trump initiated a comprehensive reform of US Energy policy, shifting the federal government's focus to fossil fuel production and withdrawing from the fight against climate change.