Trump’s Power Secretary says the average oil price will be lower



Power prices are required to lower than under the current US administration than one day, according to the Secretary of the US Secretary.

« Under the next four years of Mr. Trump in the next two years will see the average power prices that are refused to meet any specific price target. He refuses to comment on target.

The United States under implementation with Saudi Arabia frequently about energy policy after the United States felt the production and low to deal with inflation. The average crude oil for $ 83 between 2017 and 2021, according to data collected by Bloomberg.

« I can’t comment any of the oil finances today or if you have to reduce barriers, you can reduce power supply costs.

The oil prices have recently declined after Saudi Arabia and other oils produced to promote production and electricity with tax. The oil oil drops up to $ 65 tank, the lowest level since the Saudi Arabia balance its budget. That may be a threat to the ability of the kingdom that will continue to provide a change to the changes of its extensive economy, according to Goldman Sachs.

However, the United States and Saudi Arabia are an eye table that is a power market in power marketing, said Wright. « President Trump – and I think of the kingdom – wanting to see the power around the world and we want to see the increase in supply. »

Wideart United States and Saudi still working on the initial agreement to cooperate with the population of nuclear citizenship and expectation this year. ‘The two countries are in’ route ‘to non-involved agreement and control of nuclear technology, he said.

The kingdom must sign a contract called 123 agreements, which covers many areas, including nuclear growth and technology. We also see it as « Key » at Saudi Arabia does not seek Chinese partnership in its nuclear program.

« The view is shared in the two countries and the fact that it may be an indication of US and Saudi results in the previous year.

Previously Saudi Arabia offers a price from foreign developers including Russian and China, with the nuclear reactors.

Under Biden administration, US cooperation on Saudi Arabia’s nuclear program has been part of the commercial and deeper personality. To participation is still associated with Saudi Arabia agrees to make contact with Israel. However, it was destroyed after Oct. 7 on Israel’s country by the response of Israel’s army and Israel.

Wright in Riyadh, which is part of the tourist of many east east, and including the meeting with the Minister of Eduin Salman.

This story is originally presented Furniture



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