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

The article discusses the Trump administration's focus on fossil fuel extraction, particularly the "Drill, Baby, Drill" slogan, and how it has not translated into significant new oil and gas production as promised. Despite the administration's efforts to prioritize the oil and gas industry, including rolling back environmental regulations, the article suggests that the reality on the ground is quite different. With the increasing cost-competitiveness of clean energy sources, the oil and gas industry has been slow to respond to the administration's pro-fossil fuel agenda. The article highlights that the promised new oil and gas rigs are not materializing, and the industry appears hesitant to make significant new investments. This disconnect between the administration's rhetoric and the industry's actions suggests that the "Drill, Baby, Drill" strategy may not be as effective as initially anticipated, as market forces and economic realities are playing a more significant role in shaping the energy landscape.
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