President-elect Donald Trump’s promise to “drill, baby, drill” in his upcoming administration appears to have American energy firms eagerly awaiting his return, according to a new survey.
On numerous occasions, Trump vowed to unleash American oil and made achieving “energy dominance” a key aspect of his next administration’s agenda. Responding to an anonymous survey conducted by the Dallas Federal Reserve, several energy executives said that they are optimistically awaiting the former president’s return to office, with many citing “positive regulatory changes” in their responses.
The survey noted a dramatic decline in its “outlook uncertainty index” with one respondent explaining, “The outcome of the 2024 presidential election removes the risk of the unknown.”
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“There is more optimism looking at first quarter 2025…
