Houston oil companies could cut jobs as Trump's tariffs threaten industry

Trump’s Tariffs Are a Catastrophe for the Oil Industry

A double whammy of presidential policies — more OPEC output and historic trade levies — are sending fossil stocks tumbling.

Today’s Oil Prices Aren’t Survivable For US Producers

Today’s WTI prices are not sustainable for some US producers.

Houston oil companies could cut jobs as Trump's tariffs threaten industry

Houston oil companies are trimming jobs to weather the storm. It remains unclear how far prices will fall, but they’re already battening down the hatches.

Oil Execs Warn Privately That Trump’s ‘Chaos’ Could Be ‘Disaster’ for Their Industry

“Chaos.” “A disaster.” “Uncertainty.” “Very negative.” That’s a sample of the reactions to Trump’s first few months published in the latest Dallas Fed Energy Survey, which gives executives from nearly 200 oil companies headquartered in Texas the chance to speak anonymously about burning issues inside the oil industry. The closely-watched oil patch survey released last week exposed an emerging gap between Trump’s MAGA movement and the financial i…

Sharon Kelly - Oil Execs Warn Privately That Trump’s ‘Chaos’ Could Be ‘Disaster’ for Their Industry - Brave New Europe

After donating heavily to Trump’s reelection, Big Oil is just catching on that the president’s policies can hurt them too, anonymous survey of industry executives reveals. Sharon Kelly is an attorney and investigative reporter based in Pennsylvania Cross-posted from DeSmog Photo: CGP Grey/Creative Commons “Chaos.” “A disaster.” “Uncertainty.” “Very negative.” That’s a sample of the reactions to Trump’s first few months published in the latest Da…

The 25% tariffs Trump imposed on countries that buy oil from Venezuela creates uncertainty for a domestic oil sector that is already heavily hit by the revocation of licenses to Chevron and other oil companies operating in the country