Oil executives pessimistic as drilling activity dips for end of year

President Donald Trump’s push to “drill, baby, drill” is inching further out of reach, as many oil and gas executives are reporting lower drilling and exploration activities for the end of the year.

Oil executives pessimistic as drilling activity dips for end of year

TL;DR

  • President Trump's "drill, baby, drill" agenda is becoming less attainable.
  • Many oil and gas executives are reporting lower drilling and exploration activities.
  • These lower activities are expected for the end of the year.