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Why Big Oil is resisting Trump’s call to ‘drill, baby, drill’

by Investor News Today
February 8, 2025
in Commodities
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Why Big Oil is resisting Trump’s call to ‘drill, baby, drill’
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US President Donald Trump needs power producers to drill for extra oil. He claims it’s going to decrease costs for customers and deal with inflation. However oil firms have a unique set of priorities — and people might ship them on a collision course with Trump. Clips from C-Span, Fox, ABC

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For additional studying:

When peak Chinese language oil demand meets ‘drill, child, drill’

A shale growth is just not Donald Trump’s reward to present

Wall Avenue will stymie Donald Trump’s US oil surge plan, say shale bosses

– – – – – – – – – – – – – – – – – – – – – – – – – –

Observe Amanda Chu (@amandalanchu) and Jamie Smyth (@jamiesmythft.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or comply with her on LinkedIn for updates concerning the present and extra.

Learn a transcript of this episode on FT.com

View our accessibility information.





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