OilPrice
Earlier in the year, U.S. Treasury Secretary Scott Bessent unveiled his ambitious“3-3-3” plan wherein the Trump administration will target real GDP growth of 3% per year; cut the annual budget deficit from 7% of GDP to 3% and ramp up domestic oil production by 3 million barrels per day in keeping with Trump’s “drill…
Read More
U.S. Crude Production Set For A Decline Amid Low Oil Prices
Earlier in the year, U.S. Treasury Secretary Scott Bessent unveiled his ambitious“3-3-3” plan wherein the Trump administration will target real GDP growth of 3% per year; cut the annual budget deficit from 7% of GDP to 3% and ramp up domestic oil production by 3 million barrels per day in keeping with Trump’s “drill…