American businesses – especially in the petroleum sector – suffered a heavy blow due to the collapsing oil markets during the past week, as the global pandemic has resulted in a dramatic drop in crude oil prices around the world.

“We will never let the great US 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 said via Twitter.



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