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

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

Several factors are playing into energy producers’ decisions on drilling

Behind the Money · Manuela Saragosa

February 5, 202517m 45s

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Show Notes

US President Donald Trump wants energy producers to drill for more oil. He claims it will lower prices for consumers and tackle inflation. But oil companies have a different set of priorities — and those could send them on a collision course with Trump. Clips from C-Span, Fox, ABC 


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For further reading:

When peak Chinese oil demand meets ‘drill, baby, drill’ 

A shale boom is not Donald Trump’s gift to give 

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

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Read a transcript of this episode on FT.com


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