Oil Execs Say Trump Policies A Disaster For Commodity Markets

[HuntersLaptop2028]

Need our trump university graduates to chime in with their expertise 
 

Oil executives are warning that President 

This is the hidden content, please

• Sign In
• or
• Sign Up

’s tariffs and his “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment.

The executives, shielded by anonymity, bluntly criticized Trump in their responses to a survey conducted by the 

This is the hidden content, please

• Sign In
• or
• Sign Up

 from March 12 to March 20

“The administration’s chaos is a disaster for the commodity markets,” one executive said. ”‘Drill, baby, drill’ is nothing short of a myth and populist rallying cry. Tariff policy is impossible for us to predict and doesn’t have a clear goal. We want more stability.”

Several executives said Trump’s 

This is the hidden content, please

• Sign In
• or
• Sign Up

 are raising their costs, making it difficult to plan for future projects.

“Uncertainty around everything has sharply risen during the past quarter,” another executive said. “Planning for new development is extremely difficult right now due to the uncertainty around steel-based products.”

They also criticized the suggestion by White House advisors such as Peter Navarro that Trump’s “drill, baby, drill” agenda aims to push oil prices down to $50 a barrel to fight inflation.

“The threat of $50 oil prices by the administration has caused our firm to reduce its 2025 and 2026 capital expenditures,” an executive said. ”‘Drill, baby, drill’ does not work with $50 per barrel oil. Rigs will get dropped, employment in the oil industry will decrease, and U.S. oil production will decline as it did during COVID-19.”

[UT alum]

1 hour ago, HuntersLaptop2028 said:

Need our trump university graduates to chime in with their expertise 
 

 

Oil executives are warning that President 

This is the hidden content, please

• Sign In
• or
• Sign Up

’s tariffs and his “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment.

The executives, shielded by anonymity, bluntly criticized Trump in their responses to a survey conducted by the 

This is the hidden content, please

• Sign In
• or
• Sign Up

 from March 12 to March 20

“The administration’s chaos is a disaster for the commodity markets,” one executive said. ”‘Drill, baby, drill’ is nothing short of a myth and populist rallying cry. Tariff policy is impossible for us to predict and doesn’t have a clear goal. We want more stability.”

Several executives said Trump’s 

This is the hidden content, please

• Sign In
• or
• Sign Up

 are raising their costs, making it difficult to plan for future projects.

“Uncertainty around everything has sharply risen during the past quarter,” another executive said. “Planning for new development is extremely difficult right now due to the uncertainty around steel-based products.”

They also criticized the suggestion by White House advisors such as Peter Navarro that Trump’s “drill, baby, drill” agenda aims to push oil prices down to $50 a barrel to fight inflation.

“The threat of $50 oil prices by the administration has caused our firm to reduce its 2025 and 2026 capital expenditures,” an executive said. ”‘Drill, baby, drill’ does not work with $50 per barrel oil. Rigs will get dropped, employment in the oil industry will decrease, and U.S. oil production will decline as it did during COVID-19.”

You’ll get nothing but crickets around here when truth is told.

[LumRaiderFan]

The sky is falling.😭
Gotta love the sources, “shielded by anonymity”. 😂

[thetragichippy]

41 minutes ago, LumRaiderFan said:

The sky is falling.😭
Gotta love the sources, “shielded by anonymity”. 😂

Democrats are polling worst in 3 decades....... No point in responding, lets just hope they keep doing what they are doing.....

[HuntersLaptop2028]

25 minutes ago, thetragichippy said:

Democrats are polling worst in 3 decades....... No point in responding, lets just hope they keep doing what they are doing.....

As expected, another big brain reply from Trump University honors grad

B-b-b- but the democrats!

[Big girl]

2 hours ago, HuntersLaptop2028 said:

As expected, another big brain reply from Trump University honors grad

B-b-b- but the democrats!

Lmbo

[CallisburgWildcat]

I work on the drilling side for 17 years. We are already drilling rigs.  Had 12 going and will finish may to June with 5 left. And the plan is to hold tight for the remainder of the year and see what after the 1st quarter of next year brings. Yea the policies are great to lower oil prices but no company is going to drill more unless they make more. There are plenty of wells already producing that they can slow up or speed up depending on what the prices are today. I’m a hard core conservative but working in the oil industry for this long I have seen a difference in the oil industry when republicans versus democrats are in office. When democrats are In office they scare everyone and oil prices get higher so we drill more. Seems like when a republican gets office gas prices come down but the drilling stops as well. Really about $75-$77 a barrel is the sweet spot to continue drilling and not over price things.

[BS Wildcats]

On 3/27/2025 at 5:37 PM, Big girl said:

Lmbo

In keeping with your moniker, you may run out of breath before that happens!

[HuntersLaptop2028]

17 hours ago, CallisburgWildcat said:

I work on the drilling side for 17 years. We are already drilling rigs.  Had 12 going and will finish may to June with 5 left. And the plan is to hold tight for the remainder of the year and see what after the 1st quarter of next year brings. Yea the policies are great to lower oil prices but no company is going to drill more unless they make more. There are plenty of wells already producing that they can slow up or speed up depending on what the prices are today. I’m a hard core conservative but working in the oil industry for this long I have seen a difference in the oil industry when republicans versus democrats are in office. When democrats are In office they scare everyone and oil prices get higher so we drill more. Seems like when a republican gets office gas prices come down but the drilling stops as well. Really about $75-$77 a barrel is the sweet spot to continue drilling and not over price things.

Appreciate the comment from someone with real experience 

Need you social security wildcatters to chime in and explain how the poster above is wrong 

@Reagan @LumRaiderFan @baddog @thetragichippy

 

[LumRaiderFan]

2 hours ago, HuntersLaptop2028 said:

Appreciate the comment from someone with real experience 

Need you social security wildcatters to chime in and explain how the poster above is wrong 

@Reagan @LumRaiderFan @baddog @thetragichippy

 

The poster above is not wrong, as someone also with real experience, we always considered $80 oil / $3 gas the sweet spot. The drilling more while democrats are in office happens on private property, all you have to do is look at biden’s policies pertaining to exploration and new leases.

I will also note that the only time we have achieved energy independence was under a Republican president and policies do matter, as anyone could clearly see in what was happening in the northwestern states.

What’s your point, laptop?  Are you rooting for the oil industry or Mom putting gas in her car?

Or do you even have one?

 

 

 

[HuntersLaptop2028]

39 minutes ago, LumRaiderFan said:

The poster above is not wrong, as someone also with real experience, we always considered $80 oil / $3 gas the sweet spot. The drilling more while democrats are in office happens on private property, all you have to do is look at biden’s policies pertaining to exploration and new leases.

I will also note that the only time we have achieved energy independence was under a Republican president and policies do matter, as anyone could clearly see in what was happening in the northwestern states.

What’s your point, laptop?  Are you rooting for the oil industry or Mom putting gas in her car?

Or do you even have one?

 

 

 

Do I have a mom? And Baddog laugh reacting after he asked I not call trump his daddy? lol 
 

[LumRaiderFan]

1 hour ago, HuntersLaptop2028 said:

Do I have a mom? And Baddog laugh reacting after he asked I not call trump his daddy? lol 
 

lol, do you have a point?

You can always assume I won’t bring anyone’s family into a discussion.

[baddog]

43 minutes ago, HuntersLaptop2028 said:

Do I have a mom? And Baddog laugh reacting after he asked I not call trump his daddy? lol 
 

I respect your mom. I was laughing at putting gas in her car. It’s ok for you to laugh at my retirement. I worked hard for it, have everything paid for, and with your contribution, I can afford to enjoy some Don Julio every now and then. I can already predict your response so save it.

Back on topic, C Wildcat makes lots of sense. My ex business had a lot to do with oil field equipment/parts and oil exploration. I have no drilling experience so Wildcat has me there. 
I’m really concerned ‘about replenishing our oil reserves that some kook sold off. Engaging in protective conflicts like keeping shipping passages open and halting nuclear proliferation, no matter how high tech our jets have become, they’re not battery powered, so it’s a matter of national security and we already know how concerned the left is when it comes to that. Actually, I think selling off our reserves would strike a nerve on that topic, but alas, it’s the old R and D argument.

[Boyz N Da Hood]

1 hour ago, HuntersLaptop2028 said:

Do I have a mom? And Baddog laugh reacting after he asked I not call trump his daddy? lol 
 

First thing I thought, it's cool to do "who's your daddy" tho lol

[baddog]

1 minute ago, Boyz N Da Hood said:

First thing I thought, it's cool to do "who's your daddy" tho lol

Duh, of course that’s what you’d think. Never give any benefit of the doubt. How about contributing to the subject matter.

[Boyz N Da Hood]

52 minutes ago, baddog said:

Duh, of course that’s what you’d think. Never give any benefit of the doubt. How about contributing to the subject matter.

This bunch seems to know everything already.. just like at @Reagan he's paid daily to start a topic on what X has to say and folks on here lap it up.. take a look at the topic he just started "democrats had better start panicking over DOGE's next move" dude acts like republicans ain't sucking the government tit

[baddog]

24 minutes ago, Boyz N Da Hood said:

This bunch seems to know everything already.. just like at @Reagan he's paid daily to start a topic on what X has to say and folks on here lap it up.. take a look at the topic he just started "democrats had better start panicking over DOGE's next move" dude acts like republicans ain't sucking the government tit

Well if they are, get them too. Do you realize how successful a lot of these programs would be if there wasn’t theft and abuse from the top down? It’s mind boggling.