Donald Trump is throttling America’s oil industry


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The article discusses Donald Trump's relationship with the American oil industry. It highlights Trump's claim to be the industry's only hope against Democrats, while acknowledging that domestic oil production increased under Joe Biden's presidency. The article then notes Trump's post-re-election efforts to roll back environmental regulations and expedite permitting to boost oil production, using the phrase “drill, baby, drill”. This suggests Trump's actions are focused on supporting the oil industry, although the actual impact on production is not explicitly discussed.

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“IF I’M NOT president, you’re fucked.” So Donald Trump reportedly told a roomful of oil bosses gathered at Mar-a-Lago after his re-election. During the campaign Mr Trump sought to position himself as the American oil industry’s only hope against the supposedly hydrocarbon-hating Democrats—brushing aside the fact that domestic oil production rose sharply during Joe Biden’s time in office. Since his arrival in the White House, he has set about rolling back environmental regulations and expedited permitting in an effort to get America’s oilmen to “drill, baby, drill”.

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