Trump forced by oil war into unthinkable push for higher prices [MSN Money]
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Source: MSN Money
Donald Trump is trying to do something no U.S. pridt has dared to do in decad: Drive up the price of oil.Load ErrorFor more than three decad, U.S. pridts proclaimed cheap fuel as an almost God-giv right for American motorists and homeowners, shaping the country’s foreign policy in pursuit of lower pric. As pridt, Trump didn’t just back cheap crude, he was its biggt supporter, frequtly attacking OPEC and celebrating the shale boom’s deliverance of “ergy dominance.”Now, the Russia-Saudi price war and a killer pandemic have caused pric to plunge, putting Trump in the awkward position of begging those same countri to turn off the taps, ev though retail gasoline will become more expsive as well. The U-turn com as America has gone from being the top importer of oil to the top producer, aligning its interts more closely with Saudi Arabia and Russia in a shift that holds the pottial to reverberate through foreign policy for years to come.“It used to be very clear. For decad, wh the U.S. was t
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