Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'

为何大石油公司抵制特朗普“开采,宝贝,开采”的号召

Behind the Money

2025-02-05

17 分钟
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单集简介 ...

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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  • Recently,

  • the United States has been far outpacing the rest of the world when it comes to producing one very important commodity.

  • So every single day the U.S. pumps more than 13 million barrels a day of oil.

  • 13 million barrels of oil.

  • That's filling up 800 Olympic-sized swimming pools every day since 2023.

  • That is the most the U.S. has produced in its history and the most that any country has ever produced.

  • The U.S. is in first place for oil production ahead of Saudi Arabia, China, Russia.

  • But for a while now, President Donald Trump has been saying that that isn't enough.

  • He said it on the campaign trail.

  • And we got to turn this country around and we're going to turn it around fast and we're going to drill baby drill.

  • He said it at the Republican National Convention.

  • We will drill baby drill.

  • And in his inauguration speech last month.