Trump’s pick for fracker-in-chief will have a tough time pumping a lot more oil | CNN Business

CNN  — 

President-elect Donald Trump may find the road to cheaper gas prices is a little rocky.

“Frack, frack, frack and drill, baby, drill,” Trump said at an October rally. Trump has said he wants to lower gas prices — which currently average $3.07 per gallon — to below $2 a gallon.

On Saturday, he tapped fracking proponent Chris Wright, the CEO of Denver-based Liberty Energy, to serve as the secretary of energy. Wright is among the industry’s most vocal supporters of fracking oil and natural gas and has said the world is not

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

The Fears That Keep New Leaders Up at Night — and How to Conquer Them

Opinions expressed by Entrepreneur contributors are their own. Taking on a leadership role — especially as a new CEO — brings its...

This Trend Is Threatening the Entire Labor Market — Here’s Why Companies Need to Develop an Early Talent Strategy

Opinions expressed by Entrepreneur contributors are their own. By now, we have all experienced something like this: It's the middle of a...

Companies With This Kind of Culture Are More Innovative, More Likely to Grow and Have Happier Teams

Opinions expressed by Entrepreneur contributors are their own. Ask anyone to name a creative person, and they'll probably give you a well-known...