Trump Orders Use Of Emergency Oil Reserves

Video Credit: Wochit Business
Published on September 16, 2019 - Duration: 00:49s

Trump Orders Use Of Emergency Oil Reserves

President Donald Trump is authorizing the use of oil from the country's emergency reserve.

The move comes after Saturday's attack on Saudi Arabian oil facilities disrupted the global supply of crude.

CNN reports Trump said he would use enough oil "sufficient to keep the markets well-supplied." I have also informed all appropriate agencies to expedite approvals of the oil pipelines currently in the permitting process in Texas and various other States.

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Trump Orders Use Of Emergency Oil Reserves

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