Trump Promised to ‘Drill, Baby, Drill.’ The New Rigs Are Nowhere to Be Found

Trump Promised to ‘Drill, Baby, Drill.’ The New Rigs Are Nowhere to Be Found

Trump Promised to ‘Drill, Baby, Drill.’ The New Rigs Are Nowhere to Be Found

During his presidential campaign, Donald Trump famously declared that he would unleash the full potential of the US energy sector by increasing drilling for oil and gas.

The promise to ‘Drill, Baby, Drill’ resonated with many voters who believed that expanding domestic energy production would create jobs and boost the economy.

However, nearly four years into his presidency, the new rigs that were expected to spring up across the country are nowhere to be found.

Despite rolling back environmental regulations and opening up vast swaths of public land for energy exploration, the Trump administration has struggled to deliver on its promise of a drilling boom.

There are several factors contributing to the lack of new rigs, including market conditions, regulatory hurdles, and opposition from local communities and environmental groups.

Additionally, the coronavirus pandemic and the ensuing drop in global demand for oil and gas have further dampened the prospects for a drilling resurgence.

Many industry analysts now believe that the Trump administration’s ambitious plans for expanding domestic energy production were overly optimistic and unlikely to materialize in the near future.

As the 2020 election approaches, the question of whether Trump can deliver on his promise to ‘Drill, Baby, Drill’ remains an open one.

For now, the new rigs that were once envisioned as a cornerstone of the administration’s energy policy continue to be nothing more than a distant dream.

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