Oil And Gas Executives Rebuke Trump's 'Drill, Baby, Drill' Agenda: 'We Want More Stability'

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Oil And Gas Executives Rebuke Trump's 'Drill, Baby, Drill' Agenda: 'We Want More Stability'

^{Published on 2025-03-27 17:00:57 - Benzinga}

President Donald Trump centered his 2024 election campaign on bringing down prices after a prolonged period of inflation. In particular, Trump called for greater domestic drilling, even as the Biden Administration accelerated domestic energy independence.

The article from MSN discusses how oil and gas executives are expressing a preference for stability over the aggressive "drill, baby, drill" policy advocated by former President Donald Trump. During a panel at the CERAWeek conference in Houston, executives from major companies like ExxonMobil, Chevron, and Occidental Petroleum emphasized the need for consistent policy and regulatory environments rather than the boom-and-bust cycles often associated with Trump's approach. They highlighted the importance of long-term planning, investment in sustainable energy solutions, and the need for government policies that support a balanced energy strategy, including investments in carbon capture and renewable energy. This shift in perspective comes amidst growing calls for addressing climate change and transitioning to cleaner energy sources, indicating a nuanced change in the industry's outlook towards more sustainable and predictable business practices.

Read the Full Benzinga Article at:
[ https://www.msn.com/en-us/politics/government/oil-and-gas-executives-rebuke-trump-s-drill-baby-drill-agenda-we-want-more-stability/ar-AA1BN8Bs ]

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