Trump faces 'fundamental obstacle' to one of his biggest promises: report

President-elect Donald Trump has vowed to vastly expand oil production in the United States upon taking office next year, despite the fact that domestic oil production already hit a record high under President Joe Biden.

In fact, Semafor reports that the current high rate of oil production is a "fundamental obstacle" to Trump meeting his promise.

ExxonMobil CEO Darren Woods tells Semafor that he doesn't see how Trump can push American oil production higher in the near term given what...