Iranian leaders have promised military action to retaliate for the killing of terrorist Gen. Qassem Soleimani in a U.S. drone strike this week that was ordered by President Trump. Fortunately, President Trump has aggressively pursued deregulation and other needed policies that have led to big increases in U.S. production of oil and natural gas. President Trump calls his policy of unleashing the fullness of America’s domestic energy potential “energy dominance.” His goal is protecting our economy and disentangling it from uncertain geopolitics. Just 11 years ago, Middle East tensions caused oil prices to skyrocket to $146 a barrel. Yes, oil prices are still a global commodity and did react to the drone strike that killed Soleimani.

Source: Fox News January 04, 2020 20:15 UTC