Comment on US energy dominance would die under Trump's pledge to slash gas prices, energy expert says

US energy dominance would die under Trump's pledge to slash gas prices, energy expert says

A pump jack operates in the Permian Basin oil and natural gas production area near OdessaReutersUS shale producers would lose market share if Trump's policies slash gas prices, Bob McNally said."You cannot have $1.50 pump prices and a thriving shale oil sector. Period."A deep recession would be the only alternative to cut gas prices as low as Trump wants, he noted.Donald Trump's campaign pledge to dramatically slash gas prices would risk ending US oil dominance, according to an energy market analyst.

 

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