Chuck Schumer & Democrats Prefer U.S. Shale Companies Go Bankrupt

U.S. Sen. Chuck Schumer and other liberal Democrats don’t give a fig about the American shale industry. Yesterday there was talk about President Trump and his administration offering low-interest loans to shale oil companies to keep them afloat during this Saudi-Russian oil price war (see Fed Bailout or No Bailout for Shale Companies? Depends Who You Ask). Schumer called such a plan paying attention to “special interests” instead of “the people.” Does he not get it? If our shale drilling industry implodes, it takes with it millions of jobs and billions of economic activity. That’s real people and real money, Chuck.

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment