Panic buying is setting in in the U.S. southeast and other areas along the east coast.
Texas recently recorded its highest one-day tally of new cases since the pandemic emerged.
Investments in the Permian Basin has lost a pair of billionaire brothers hundreds of millions of dollars.
Energy Secretary Rick Perry said he was open to talks with Green New Deal proponents.
Exploration and development of the Permian Basin fueled huge fourth quarters for Exxon and Chevron.
Apple CEO Tim Cook tried to talk Trump out of a withdrawal, “but it wasn’t enough,” he told employees in a letter.
Battered giants shook off two-and-a-half years of low oil prices and reported surging profits in the first quarter.
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