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Trump administration eyes paying oil companies to keep crude in the ground: reports
The Hill: The Trump administration is contemplating paying oil companies to leave their product in the ground, a measure that could help boost the struggling industry while the market has been crushed by an oversupply of crude.
According to reporting from multiple outlets, the Department of Energy (DOE) is drafting a plan that would pay companies to leave as much as 365 million barrels untapped by considering it part of the nation’s emergency stockpile.
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