How Trump's tariff moves are undercutting his 'drill, baby, drill' oil push

Oil producers across the country say they are thinking twice about taking on new drilling projects and looking to cut costs after Trump’s trade war rhetoric has driven down the price of oil and his tariffs have driven up the cost of drilling.

Apr 12, 2025 - 13:00
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How Trump's tariff moves are undercutting his 'drill, baby, drill' oil push
Oil producers across the country say they are thinking twice about taking on new drilling projects and looking to cut costs after Trump’s trade war rhetoric has driven down the price of oil and his tariffs have driven up the cost of drilling.

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