On Friday’s broadcast of Bloomberg’s “Open Interest,” White House National Economic Council Director Kevin Hassett responded to a question on what the White House will do to act on President Donald Trump’s rhetoric that oil companies are contributing to high prices by saying that “Big Oil is heavily concentrated in the U.S.” “But the bottom line is that the global energy price story is a positive one compared to what people thought.” And it’s an issue for the FTC and DOJ.
Co-host Dani Burger asked, “This is a president who has singled out Big Oil, both Exxon and Chevron specifically, amid this ongoing crisis. What steps is this White House...
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