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home / news releases / STLHF - Trump Biden spar over economy oil industry in final debate


STLHF - Trump Biden spar over economy oil industry in final debate

In a relatively civil debate following a turbulent first faceoff, President Trump and former Vice President Joe Biden traded some barbs last night over the economy.Trump said Biden would "destroy the oil industry" after the latter talked up plans about a "transition to renewable energy over time," as well as ending federal subsidies to the sector.Regarding coronavirus shutdowns... Trump declared, "we can't keep this country closed... the cure cannot be worse than the problem itself," while Biden replied, "I'm going to shut down the virus, not the country," though he didn't rule out additional shutdowns.The two also differed on minimum wage, with Trump stating it should be left up to states and Biden saying it deserves to be $15 an hour on a federal level (from the current $7.25).Crude futures -0.2% to $40.57/bbl.Go deeper: Joe Biden's campaign has privately told U.S. miners it would support boosting domestic production of metals

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Trump, Biden spar over economy, oil industry in final debate
Stock Information

Company Name: Standard Lithium Ltd.
Stock Symbol: STLHF
Market: OTC

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