Trump orders plan to fund US oil companies

Washington (AFP) – President Donald Trump on Tuesday ordered his administration to come up with a plan to aid US oil companies struggling with a massive supply glut and record-low crude prices.”We will never let the great U.S. Oil & Gas Industry down,” Trump tweeted. “I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future!”Trump’s tweet came a day after the price of the benchmark US crude crashed to its lowest level ever in New York trading, …

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HEDGE accordingly