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Trump and an oil shock aren’t enough for Texan drillers

“‘Drill, baby, drill’ is basically drill as much as you can to commit economic suicide,” one of the Permian Basin’s top CEOs said.

Sources (1)· Oct 22, 11:21 AM

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Trump announces he'll use Defense Production Act to increase domestic gas productionPresident Trump invoked the Defense Production Act on Thursday, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump. The announcement was made in a presidential memorandum earlier on Thursday, but the president detailed the exact...

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