Originally posted by: MaxFlavor
Of course, but you completely miss my point or have chosen to ignore it. Trump and MAGA trumpeted, "drill, baby, drill", in the US would isolate the country from these kinds of disruptions. It was never a viable solution, and the current events, in my mind, prove how absolutely ridiculous that narrative was and is.
The whole premise that by increasing the rig count in the US to produce more oil, causing prices to fall is ridiculous. Why would the puppet masters of oil production overproduce to lower their profit margins to help the American public?
Simple question, do you have a simple answer to support, "drill, baby, drill"? I say simple answer because I don't need you to over-explain how everything works.
I didn't miss your point which was that "drill baby, drill" was essentially a marketing term / phrase and a boisterous public battle cry uttered by Trump aimed at his base and everybody else during the campaign and afterwards. It was a constant catch phrase employed in his campaign speeches.. some typical Trump bluster verbiage. But there were some actions and occurrences post-election that actually took place to somewhat align with that bluster.
You can't argue with the facts that (1) early on during Trump's tenure (2025) US oil production reached historically high levels ( as they did under Biden as well in 2024) and that (2) oil and gas drilling permits skyrocketed by 55% according to BLM data. Your current points that crude production and the number of active drilling rigs have recently decreased is true..facts are facts and that's the way it is. I just think it's obvious that the powers behind oil production and prices are substantially influenced by current activities in the middle east. The conflicts in that region are an obviously huge anomaly that kinda dwarfs the importance and significance of a campaign catch phrase. Drill baby, drilll doesn't mean much or have import currently while half the middle east is on fire.