How High Import Tariffs Could Have A Negative Impact on U.S. Oil

At campaign rallies, Republican Presidential Nominee Donald Trump promises to lower energy costs for American families and secure the nation’s “energy superpower” status through a combination of a deregulation agenda for domestic oil and gas industry and protectionist trade policies. “My goal will be to cut your energy costs in half within 12 months after taking office,” Trump said at a Michigan rally in August. “We can do that!” But some in the industry are skeptical. U.S. presidents can certainly encourage…