Behind the Money

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


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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 


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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

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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

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