EPISODE · Feb 5, 2025 · 17 MIN
Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'
from Behind the Money
US President Donald Trump wants energy producers to drill for more oil. He claims it will lower prices for consumers and tackle inflation. But oil companies have a different set of priorities — and those could send them on a collision course with Trump. Clips from C-Span, Fox, ABC - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:When peak Chinese oil demand meets ‘drill, baby, drill’ A shale boom is not Donald Trump’s gift to give Wall Street will stymie Donald Trump’s US oil surge plan, say shale bosses- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Amanda Chu (@amandalanchu) and Jamie Smyth (@jamiesmythft.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or follow her on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
US President Donald Trump wants energy producers to drill for more oil. He claims it will lower prices for consumers and tackle inflation. But oil companies have a different set of priorities — and those could send them on a collision course with Trump. Clips from C-Span, Fox, ABC - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:When peak Chinese oil demand meets ‘drill, baby, drill’ A shale boom is not Donald Trump’s gift to give Wall Street will stymie Donald Trump’s US oil surge plan, say shale bosses- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Amanda Chu (@amandalanchu) and Jamie Smyth (@jamiesmythft.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or follow her on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'
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