Trump Promised a Drilling Boom, US Energy Industry Says: Meh

Wednesday, July 30, 2025

"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.

Posted by LampLighter at 02:31 PM | 10 COMMENTS | permalink | Comment on This Entry |

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Trump Promised a Drilling Boom. The New Rigs Haven't Showed Up Yet insideclimatenews.org/news/2907202 ...

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-- Sammy Roth (@sammyroth.bsky.social) Jul 29, 2025 at 3:12 PM

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More from the article ...

... Six months into Trump's second term, his administration has little to show on that score. Output is ticking up, but slower than it did under the Biden administration.

Pump prices for gasoline have bobbed around where they were in inauguration week.

And exports of crude oil in the four months through April trailed those in the same period last year. ...

#1 | Posted by LampLighter at 2025-07-29 06:03 PM | Reply

Let's destroy the environment to own the libs!!!

#2 | Posted by hamburglar at 2025-07-29 06:39 PM | Reply

Trump is destroying America for absolutely no other reason than to do so.

#3 | Posted by ClownShack at 2025-07-29 06:41 PM | Reply

Lewzer said he was going to fill the Strategic Petroleum Reserve. The level is currently going down.

Promises made, promises not kept.

#4 | Posted by REDIAL at 2025-07-29 06:49 PM | Reply

@#4 ... Lewzer said he was going to fill the Strategic Petroleum Reserve. The level is currently going down. ...

Trump has left Strategic Petroleum Reserve nearly half-empty, despite dip in oil prices and GOP outcry when Biden tapped it
cronkitenews.azpbs.org

US Senate budget bill slashes money to fill oil reserve
www.reuters.com

#5 | Posted by LampLighter at 2025-07-29 07:47 PM | Reply

@#5

Might Pres trump be reluctant to refill our Strategic Petroleum Reserve because doing so might increase the deficit?

So, tax cuts to billionaires, but no refilling of the Strategic Petroleum Reserve?

#6 | Posted by LampLighter at 2025-07-29 07:51 PM | Reply

My solution declare the oil in the r.eserve an asset and use only oil pumped from public lands.

#7 | Posted by danni at 2025-07-30 02:49 PM | Reply

Pedo Donnie says a lot of complete --------.

#8 | Posted by LegallyYourDead at 2025-07-31 10:45 AM | Reply

What is going on? Trump supporters know that all you have to do is say "drill, baby, drill" and it automatically raises production and lowers gas prices.

#9 | Posted by Derek_Wildstar at 2025-07-31 12:51 PM | Reply

As I've written, the 'easy' oil and gas was long ago developed. What is being developed now is much more expensive, and requires higher gasoline and natural gas prices. Energy developers will idle rigs rather than extract at a loss. You cannot make a losing proposition profitable through more volume produced.

The EU has pledged to buy more US natural gas, and that presents one problem: the US isn't producing all the gas that the EU pledged to buy. The EU isn't going to buy US gas at a price higher than the then-current market price, no matter how much they get screamed at by an old, badly dressed, fat orange criminal insurrectionist and golf cheat...

#10 | Posted by catdog at 2025-07-31 03:21 PM | Reply