FT: US oil companies barely swell production, even if Trump would like to wish

One president Donald Trump Favorite shock is “Drill, Baby, Drill”, which could be freely translated, “drill, beib, drill.” With his call, he refers to drilling oil.

Trump’s campaign promises included that support for climate emissions will stop. Instead, old decent fossil fuels, ie carbon and oil, are restored to the glory.

And the oil is also kept by America, which leaves from the pumps. The president calculates that this will make the oil price down and the people get cheap gasoline in their cars.

Trump However, the goal can dry out that oil companies may not be very eager to increase production.

A lot of oil is produced in the US. It is expensive and unprofitable in production costs if the price of oil decreases.

Economic magazine Financial Times According to the production of oil in the United States actually grew president Joe Biden More than the Trump season is expected. During the Bidi season, production reached a record level so far.

The leaders and investors of oil companies interviewed by the magazine estimate that investors’ claims and economic realities will be more weighty than the President’s political action in the field.

“Investors do not have a political agenda but an economic agenda. They have no incentive to command the management of companies to drill more oil sources, ”said Quantum Energy Partners Wil Vanloh in leaf.

On Friday, Trump also urged the Opec organization of the organization of oil producer countries to lower the price of oil, reports Reuters news agency.

Money Another order signed by Trump immediately may still be very harmful to the fight against climate change, says the US magazine The New York Times. Presidential troops have done their background work well.

Many climate activities are in the hands of states, which has meant that it is difficult for the president to dismantle the climate.

Presidential administration has carefully searched for points in which it can interfere with the states’ plans.

The Trump Administration will potentially cancel the federal leases of the federal areas of the sea breeze. No new permits are to be granted.

“We’re not going to do this wind story,” Trump said when signing the order.

According to the magazine, the plans of many eastern coasts reduce emissions based on sea breeze projects.

Trump The United States also removed from the Paris Climate Convention. The administration also tries to dismantle the right of the National Environment Agency’s right to issue provisions on emissions deductions.

Trump’s climate decisions have aroused dismay. The country’s UN Climate Ambassador and Mediato Media Michael Bloomberg started with a personal rebellion.

Bloomberg and many other anonymous other donors so