Oil ends lower as U.S. drillers add to rig count
2017-11-10 2:43 PM ET (MarketWatch)
Trump wants to open up Alaskan oil.
Will gasoline be down to a dollar per gallon?
Remember that many North Dakota drillers gave up because it was not profitable for them. Then OPEC dropped its production and prices got better for U.S. oil. See https://www.npr.org/2017/05/24/529852301/boom-time-again-for-u-s-oil-industry-thanks-to-opec.
As the above MarketWatch item states, more production lowers prices.
