Oil field workers in front of oil derrick

David Blackmon, energy advisor and regular Forbes contributor urges the Trump administration to intervene in the oil market before it is too late.

“There is no one-size-fits-all panacea to this problem, but a multi-faceted deal struck by President Trump similar to the one Sitton suggests would likely serve to stabilize crude prices above the $40/barrel level, which could at least buy some time for companies currently teetering on the brink of bankruptcy.”

Read more – Forbes