Trump calls for U.S. oil industry bailout as prices plunge [Toronto Globe and Mail (Ontario, Canada)]
Whiting Petroleum Corporation (New) (WLL)
Last whiting petroleum corporation (new) earnings: 2/27 08:30 am
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Source: Toronto Globe and Mail
Trump calls for U.S. oil industry bailout as prices plunge U.S. President Donald Trump gestures as he speaks during the daily briefing on the novel coronavirus, which causes COVID-19, in the Rose Garden of the White House, in Washington, DC. MANDEL NGAN/AFP/Getty Images U.S. President Donald Trump gestures as he speaks during the daily briefing on the novel coronavirus, which causes COVID-19, in the Rose Garden of the White House, in Washington, DC. U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survive a historic collapse in crude prices. U.S. oil and gas companies from Texas to Wyoming have struggled to stave off bankruptcy amid worldwide stay-at-home orders and business stoppages spurred by the coronavirus outbreak that have obliterated global demand for fuel. U.S. crude oil futures collapsed to trade in negative territory for the first time in history on Monday, as desper
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