The Saudi Arabian oil policies are negatively affecting the U.S. oil industry, a situation unlikely to be addressed by President Trump. Despite his past support for aggressive domestic drilling, energy companies are struggling under current conditions. Trump’s pursuit of cheaper oil prices conflicts with his previous promises of U.S. energy dominance, irritating an industry he frequently praises. This dynamic highlights the complex relationship between U.S. politics and the global oil market.
— new from Politico