API says US oil, gas producers want end to China trade war, steel tariff

摘要

US steel tariffs, the trade war with China and a prolongedfederal government shutdown could each threaten to slow the growthof the US oil and natural gas industry, the president of the AmericanPetroleum Institute said Tuesday.API President and CEO Mike Sommers said "there's no question"the 25% tariff imposed on steel imports in 2018 has prolonged thePermian Basin's pipeline constraints.S&P Global Platts Analytics expects the Permian's inventory ofdrilled-but-uncompleted wells to slowly build through 2019, but higherprices and new pipelines in the second half of the year may lead to asurge in completion and production activity.