Trump's economic plans called for more oil drilling and lower gas prices. He's only getting the latter.
Yahoo Finance·2025-10-04 23:30
As President Trump began his second term, he proclaimed in his inauguration speech that America would "drill, baby, drill," promising a boom in drilling and lower prices at the pump. Nine months in, Trump may only be getting the "lower prices" part. Production activity in the US oil and gas sector fell throughout the third quarter, according to data released late last month by the Federal Reserve of Dallas, marking the second quarter in a row of contraction in the sector. Oil prices have done much the sa ...