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.

wallstreetcnJan 22 08:01

Sector Update: Energy Stocks Decline Pre-Bell Wednesday

MT NewswiresJan 22 22:26

An article to understand one of the top priorities after Trump took office: filling the Strategic Crude Oil Product Reserve.

Why has Trump promised to replenish the USA's Strategic Crude Oil Product Reserve?

Zhitong FinanceJan 22 21:31

Oil Prices May Move on Trump Administration's Policies in Near Term -- Market Talk

WSJJan 22 15:47

Oil's Downturn Temporary? Analyst Eyes Support At US$73

Business TodayJan 22 14:51

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?

Golden10 DataJan 22 12:07