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Steve Mnuchin's "whoa If True" Comment On Energy Exports

by axios.com posted 7months ago 41 views
Treasury Secretary Steve Mnuchin has repeatedly said in recent days that the emerging trade compromise with China could pave the way for a $40 to $60 billion increase in annual U.S. energy exports. Why it matters: It's a "whoa if true" comment. Those estimates suggest the Trump administration believes the U.S. oil-and-gas boom could lead to a massive expansion in supplies shipped to the world's most energy-thirsty nation. The intrigue: it's not clear where those projections are coming from, and Treasury did not respond to a request for comment on Monday.

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