Trump Is Creating ‘Chaos' for US Energy, Quantum Founder VanLoh Says
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Wil VanLoh, the founder of one of the biggest private equity backers of shale drillers, said he's concerned President Donald Trump's administration is creating 'a lot of chaos' both for the US energy industry and the overall economy that could in turn lead to more inflation.
VanLoh, chief executive officer of Quantum Capital Group, cited recent unease in the market for ethane, used in making plastics. The US recently ordered at least one company to apply for a license to ship products to China, a key buyer of American exports.
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