https:\/\/finance.yahoo.com\/news\/trump-wants-oil-prices-to-hit-50-a-barrel-the-math-doesnt-work-for-the-us-oil-industry-182639810.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"“Trump has reportedly homed in on $50 a barrel as the price he’d like to see US oil prices trend toward, alleviating energy costs for US households.<\/p>\n
The problem for the US oil industry? That math doesn’t check out.<\/p>\n
In the Permian Basin, the largest collection of oil plays in the continental US and the crown jewel of American energy, breakeven prices hover between $62 and $64, according to data from the Dallas Federal Reserve.<\/p>\n
…<\/p>\n
As a wave of global oversupply gluts the oil market, the Energy Information Administration expects that Brent crude (BZ=F) \u2014 the international benchmark \u2014 will fall toward an average of $55 per barrel within the first quarter of 2026 and remain at that depressed level throughout the year.<\/p>\n
WTI prices would almost certainly move in tandem, pegging its value around $51.50.”<\/p>\n
https:\/\/finance.yahoo.com\/news\/trump-wants-oil-prices-to-hit-50-a-barrel-the-math-doesnt-work-for-the-us-oil-industry-182639810.html<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[798,221,217,165,576,1839,170,741],"class_list":["post-21059","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-business","tag-donald-trump","tag-economics","tag-economy","tag-oil","tag-profit","tag-trump","tag-venezuela"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/21059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21059"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/21059\/revisions"}],"predecessor-version":[{"id":21060,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/21059\/revisions\/21060"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}