US EditionTrump Promised a Drilling Boom, but US Energy Industry Hasn’t Been Interested
UNITED STATES, JUL 29 – Despite policy efforts, U.S. rig counts fell to 542 last week, near a four-year low, as tariffs and global market factors hindered drilling growth, industry surveys show.
5 Articles
5 Articles
Trump’s pledge for drilling surge faces slow start as oil prices and tariffs hinder growth
President Donald Trump’s promise to revive U.S. oil drilling has stalled, with rig counts dropping despite federal efforts to expand leasing and cut royalties.Deep Vakil reports for Inside Climate News.In short:U.S. rig counts have fallen to near four-year lows, driven by weak oil prices and higher steel tariffs that raise drilling costs.The One Big Beautiful Bill Act mandates more lease sales and lowers royalty rates, but producers remain cauti…
Trump promised a drilling boom, but new rigs haven’t arrived
“We will drill, baby, drill,” President Donald Trump declared at his inauguration on Jan. 20. Echoing the slogan that exemplified his energy policies during the campaign, he made his message clear: more oil and gas, lower prices, greater exports.
Trump Promised a Drilling Boom. The New Rigs Haven’t Showed Up Yet - Inside Climate News
With clean energy more cost-competitive than it once was, the White House’s oil-first strategy is faltering in a changing energy landscape.By Deep Vakil“We will drill, baby, drill,” President Donald Trump declared at his inauguration on Jan. 20. Echoing the slogan that exemplified his energy policies during the campaign, he made his message clear: more oil and gas, lower prices, greater exports.
Trump promised a drilling boom, but US energy industry hasn’t been interested - WorldNL Magazine
Exec: “Liberation Day chaos and tariff antics have harmed the domestic energy industry." “We will drill, baby, drill,” President Donald Trump declared at his inauguration on January 20. Echoing the slogan that exemplified his energy policies during the campaign, he made his message clear: more oil and gas, lower prices, greater exports. Six months into Trump’s second term, his administration has little to show on that score. Output is ticking up…
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