Some US oil executives see disaster in Trump’s agenda while dismissing ‘drill, baby, drill’ as a ‘myth and populist rallying cry’

• The Dallas Fed's latest energy survey revealed deep skepticism among executives toward President Donald Trump's tariffs and oil-production agenda. In anonymous comments, respondents decried the uncertainty and higher costs of tariffs while predicting that trying to lower crude prices to $50 a barrel would reduce production instead of expand it.

In anonymous comments collected by the Dallas Fed, some US oil and gas executives didn't pull their punches as they criticized key policies of President Donald Trump.