{"id":345828,"date":"2020-04-07T12:09:10","date_gmt":"2020-04-07T06:39:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345828"},"modified":"2020-04-07T12:44:09","modified_gmt":"2020-04-07T07:14:09","slug":"trump-says-free-market-will-curb-oil-output-automatically","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/trump-says-free-market-will-curb-oil-output-automatically\/","title":{"rendered":"Trump says free market will curb oil output \u2018automatically\u2019"},"content":{"rendered":"<p>President Donald Trump gave the strongest signal yet the U.S. might not join Saudi Arabia, Russia and other major producers in coordinated oil-production cuts, even as plunging crude prices put thousands of American shale jobs at risk.<\/p>\n<p>While OPEC and its allies prepare for a meeting on Thursday to forge an unprecedented output-cut deal, Trump told reporters in Washington that the free market would work to curb American production.<\/p>\n<p>\u201cI think the cuts are automatic if you are a believer in markets,&#8221; he said, echoing comments he made last week after a meeting with several oil industry titans ended without a public plan for addressing the oil market\u2019s historic crash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump gave the strongest signal yet the U.S. might not join Saudi Arabia, Russia and other major producers in coordinated oil-production cuts, even as plunging crude prices put thousands of American shale jobs at risk. While OPEC and its allies prepare for a meeting on Thursday to forge an unprecedented output-cut deal, Trump told reporters in Washington that the free market would work to curb American production. \u201cI think the cuts are automatic if you are a believer in markets,&#8221; he said, echoing comments he made last week after a meeting with several oil industry titans ended without [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-345828","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=345828"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345828\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}