Sunday, 13 August 2017
Trump’s backwards effort to bring back oil jobs
Since the beginning, President Donald Trump promised that removing regulations on oil companies would drive employment. “We’re bringing back jobs big league,” he said in February. But, after six months of regulatory rollback, Trump has done almost nothing that will create jobs on oil fields or offshore rigs. That’s because low oil prices, not environmental protections, are stunting job growth, and Trump’s push to nix federal regulations and expand drilling will only make oil cheaper.
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