Shale Investors Unlikely to Heed Trump’s Call for an Oil Boom

Despite President Trump’s “drill, baby, drill” policies, it will be oil prices and Wall Street that will determine how much U.S. oil production will grow in the near term, shale investors and executives say. President Trump signed on his first day in office an executive order to unleash America’s energy by easing the barriers to oil and gas extraction and production and revoking a series of climate orders by President Biden. While the industry applauded the pivot to helping America make greater use of its oil and…