Oil & Gas 360 Editor’s Note: Excellent CNBC Fast Money Interview with Scott Sheffield, CEO, Pioneer Natural Resources. Scott talks about several key points:

  • He has asked President Trump to get involved with the price war between Russia and Saudi Arabia. 
  • If no action is taken by him, he may loose a lot of oil producing states in the election.
  • The majors are not putting any pressure for the end of the price war, as they can just acquire assets as they fail.



Scott Sheffield, Pioneer Natural Resources CEO, joins ‘Fast Money’ to discuss the plunge of crude oil and the ongoing price war between Russia and Saudi Arabia. Sheffield also warns Trump could lose energy states if he doesn’t help the independent oil companies who are facing opposition from big energy companies like Marathon and Exxon to reduce production as the coronavirus pandemic continues.

For the full interview click here:  CNBC

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