Texas oil still a mess despite Trump’s pizzazz – ZAWYA

SourceZawya
SectorOil & Gas
CountrySaudi Arabia

Texas oil still a mess despite Trump’s pizzazz Rising infection rates have slowed re-openings, which in turn has reduced demand for oil for transport and industry    Image used for illustrative purpose. The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019.  As a freeze-frame of the US presidential election, and the key role the energy industry will play when voters get to the polls on Nov. 3, President Donald Trump’s speech in Texas was a fascinating case study.You have to give it to him for theatrical pizzazz. In the heart of the Texas shale industry, he stood in front of a pile of oil barrels draped in American and Texan flags as well as the corporate logo...read more...