Dang, I was right about "drill, baby, drill" from day 1!
Better to get OPEC to pump more and also take over a foreign country's oil than to "drill, baby, drill" in the US. I said that all along, of course, I had no idea wanna be dictator Trump would take over Venezuela's oil.
U.S. oil producers ‘slighted’ by Trump’s international focus on crude in Venezuela and Greenland | Fortune
"Although the U.S. is, in fact, churning out barrels of oil near all-time highs, Trump’s “Drill, baby, drill” ethos is ringing hollow amid weaker oil prices and waning drilling activity."
“I think everyone feels a bit slighted here,” the CEO of one big U.S. oil producer told Fortune, requesting confidentiality to avoid any potential reprisal from the Trump administration."
Don't speak poorly of Trump, or he will come after you like a schoolyard bully. We have a mental child as President.
"The U.S. benchmark for crude oil is sitting at just under $60 per barrel, the threshold below which American oil producers struggle to profit and justify new activity. And the number of active oil-drilling rigs has plunged about 15% for the year as of Jan. 16. "
Fewer rigs, some amount of oil being pumped as before?!?!!? Amazing! Oh, that's right, I said that last year, the MAGA push for "drill, baby, drill" wouldn't help US shale producers. Such simpletons.