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Trump Calls for Plan to Give Money to U.S. O&G Industry

April 21, 2020

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U.S. President Donald Trump called on the federal government to come up with a way to pay out the U.S. oil and gas industry on Tuesday, the day after crude oil prices hit a historic low, dipping into negative territory for the first time ever.

"We will never let the great U.S. Oil & Gas Industry down. 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 tweeted. 

(Reporting by Tim Ahmann and Susan Heavey Editing by Chizu Nomiyama)

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