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US oil firms unlikely to go 'drill, baby, drill' under Trump, says Exxon executive

  • An Exxon executive stated that Donald Trump’s ‘drill, baby, drill’ promise will not impact U.S. oil output.
  • The executive noted that companies are focused on the economics of drilling rather than political promises.
  • CEO Darren Woods advised against withdrawing from the Paris climate pact to promote reasonable carbon-cutting policies.
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RealClearMarkets broke the news in on Tuesday, November 26, 2024.
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