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Exxon: Don’t Expect ‘Drill, Baby, Drill’ Under Trump

Exxon: Don’t Expect ‘Drill, Baby, Drill’ Under Trump

Stu Turley's avatar
Stu Turley
Nov 26, 2024
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Energy News Beat
Energy News Beat
Exxon: Don’t Expect ‘Drill, Baby, Drill’ Under Trump
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  • U.S. shale producers, including ExxonMobil, are prioritizing financial stability and shareholder returns over aggressive drilling expansion despite political encouragement.

  • President-elect Trump’s pro-energy agenda contrasts with the industry’s current focus on disciplined growth and resilience to oil price volatility.

  • Shale companies have achieved effici…

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