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Some US oil executives see disaster in Trump's agenda while dismissing 'drill, baby, drill' as a 'myth and populist rallying cry'

Summary by Fortune
The Dallas Fed's latest energy survey revealed deep skepticism among executives toward President Donald Trump's tariffs and oil-production agenda. In anonymous comments, respondents decried the uncertainty and higher costs of tariffs while predicting that trying to lower crude prices to $50 a barrel would reduce production instead of expand it. In anonymous comments collected by the Dallas Fed, some US oil and gas executives didn't pull their pu…

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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Oil & Gas 360 broke the news in Denver, United States on Thursday, March 27, 2025.
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