A pump jack operates in the Permian Basin oil and natural gas production area near Odessa
Reuters
- US shale producers would lose market share if Trump's policies slash gas prices, Bob McNally said.
- "You cannot have $1.50 pump prices and a thriving shale oil sector. Period."
- A deep recession would be the only alternative to cut gas prices as low as Trump wants, he noted.
Donald Trump's campaign pledge to dramatically slash gas prices would risk ending US oil dominance...