From the US overnight, Washington Post citing four people familiar with internal deliberations:
- White House is strongly considering pushing federal assistance for oil and natural gas producers hit by plummeting oil prices amid the coronavirus outbreak
- industry officials close to the administration clamor for help
- White House officials are alarmed at the prospect that numerous shale companies, many of them deep in debt, could be driven out of business
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Cruise ship bail out also in the works apparently. Sheesh.
