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Oil-state senators tell Trump to turn up pressure on Saudi/Russian price war

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Listen: Oil-state senators tell Trump to turn up pressure on Saudi/Russian price war

  • Featuring
  • Meghan Gordon
  • Commodity
  • Oil
  • Length
  • 17:37
  • Topic
  • Coronavirus and Commodities OPEC+ Oil Output Cuts

US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports.

We spoke with US Senator Lisa Murkowski, chairman of the Senate Energy and Natural Resources Committee. She expects producers in her home state of Alaska to take an immediate hit from current prices. Additionally, she said operations could be scaled back significantly after a case of coronavirus was confirmed this week on the North Slope.