U.S. Weighs Paying Drillers to Leave Oil in Ground Amid Glut

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Apr.15 — The Trump administration is considering paying U.S. oil drillers not to pump at all and that could mean compensation for companies to sit on more than 360 million barrels worth of reserves. Bloomberg Intelligence’s Mike McGlone discusses the oil market on “Bloomberg Daybreak: Asia.”


In This Story: Donald Trump

Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.

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