The Story of Money
Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'
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Show notes
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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Read a transcript of this episode on FT.com
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