HCSS in the media

Trump's offshore drilling order can lead to lower oil prices

May 4th 2017 - 15:18

Any increase in US shale oil and gas production will add to the domestic supply in the US, leading to fewer imports, Sijbren de Jong, analyst at The Hague Center for Strategic Studies and expert in energy security told Trend news Agency on May 3.

"Donald Trump's policies contribute also to stimulating greater production, which in the end may lower the price again, thus undermining the effects of the OPEC deal."

The full interview can be read here