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Benzinga
Benzinga
Business
Piero Cingari

Trump's 'Drill Baby Drill' Plan Just Backfired—Oil Stocks Haven't Been This Cheap In Years

Donald Trump Oil United States White House ETF 22V Research
oil chart

Ten months after President Donald Trump returned to the White House promising a fossil fuel renaissance under the ‘Drill Baby Drill’ mantra, the energy sector he pledged to supercharge is falling behind.

The centerpiece of Trump's campaign was to revive oil and gas dominance by expanding domestic drilling, slashing green subsidies and positioning the U.S. as the top fossil fuel exporter.

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