How much oil can Trump pump? Trump’s wish to “drill, baby, drill” will run up against the hard realities of the energy market. The president-elect is setting himself up to fail. American oil is pumped by private firms, which make their own decisions. Shale firms have little incentive to drill more.

How much oil can Trump pump? Trump’s wish to “drill, baby, drill” will run up against the hard realities of the energy market. The president-elect is setting himself up to fail. American oil is pumped by private firms, which make their own decisions. Shale firms have little incentive to drill more.

https://www.economist.com/finance-and-economics/2024/12/09/how-much-oil-can-trump-pump

by mafco