Source: International Business Times
Trump officials are discussing the possibility that oil prices will climb to $150 a barrel, a development that could further alter the global economy, according to a new report. Politico noted that officials are discussing the economic impact of such a scenario and ideas to bring down the costs, including additional energy powers. Treasury officials believe prices could stay above $100 per barrel for some time, considering it the "baseline" scenario, and is not ruling out one in which it can reach $200 per barrel.
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