bullish

Crude Oil

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

539 Views06 Feb 2025 16:21
Podcast
SUMMARY
  • Trump declares a national energy emergency and calls for increased oil production
  • The US shale revolution led to a surge in oil and gas production
  • Despite Trump's push for more drilling, the oil industry is hesitant due to current market conditions and oversupply of oil

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

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