Diamondback Challenges U.S. Tariffs to Protect the Shale Industry

Diamondback Energy, Inc.’s (FANG) president recently demanded an explanation from the Trump administration over escalating tariffs and their impact on the U.S. shale industry. The company took the matter directly to social media and publicly called for clarification from the U.S. Energy Secretary, Chris Wright. It demanded an explanation of how the immense contribution of the shale industry to the U.S. economy aligns with the recent tariffs and the ongoing trade war.A FANG representative emphasized the impo ...