Trump wants oil at $50. He thinks Venezuela can help — but oil drillers might not go along.
MarketWatch·2026-01-08 18:41

Core Viewpoint - The president aims to alleviate high gas prices for consumers, but there are concerns that crude oil prices at $50 per barrel may be insufficient for U.S. oil drillers [1] Group 1 - The current crude oil price is $50 per barrel, which some industry stakeholders believe is too low for sustainable drilling operations in the U.S. [1]