Trump to Bail Out Domestic Oil Industry

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I’m not sure what I think about this decision. I know why the president is doing it and why he feels he must. And maybe he’s right. Perhaps, this time, the government is the only entity large enough to do anything about it.

I still don’t like the federal government sticking it’s nose into the private sector (anymore than it has already). But maybe it’s the only way this time to save the entire domestic oil industry.

I guess there are a few times when I’m glad I don’t have to make this decision. This is a tough one.

from the Right Scoop:

Trump orders his admin to protect US oil and gas industry from crash…

A few minutes ago Trump tweeted that he was ordering his administration to create a plan to bailout the crashing oil and gas industry in the US:

We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future!

 

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About the Common Constitutionalist

Brent, aka The Common Constitutionalist, is a Constitutional Conservative, and advocates for first principles, founders original intent and enemy of progressives. He is former Navy, Martial Arts expert. As well as publisher of the Common Constitutionalist blog, he also is a contributing writer for Political Outcast, Godfather Politics, Minute Men News (Liberty Alliance), Freedom Outpost, the Daily Caller, Vision To America and Free Republic. He also writes an exclusive weekly column for World Net Daily (WND).