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 

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’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 

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 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 

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 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 

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’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

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 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