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Donald Trump loves big oil. Does big oil love him back?

The Owner Press by The Owner Press
February 6, 2025
in Business News
Reading Time: 1 min read
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DONALD TRUMP likes oil—and oilmen. He gushes about “liquid gold” with as a lot ferocity as Spindletop, an oil effectively that spat out maybe 1m barrels over 9 days in 1901 and turned close by Houston right into a boomtown. In his first administration he named Rex Tillerson, former chief govt of ExxonMobil, America’s mightiest hydrocarbon agency, as secretary of state. On February third the Senate blessed Chris Wright, who based an oil-services agency known as Liberty Power, as head of the Division of Power. Mr Trump guarantees that on his watch huge oil can “drill, child, drill” to its coronary heart’s content material.



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