American oil company CEOs feel increasingly ‘slighted’ by Trump’s focus on Venezuela: ‘That’s bad for U.S. producers’

While President Donald Trump began his new year opening Venezuela to U.S. oil companies and pining over Greenland’s potential oil and critical mineral reserves, American shale producers became increasingly miffed over the commander-in-chief’s focus on international energy as opposed to their declining domestic profits.

Although the U.S. is, in fact, churning out barrels of oil near all-time highs, Trump’s “Drill, baby, drill” ethos is ringing hollow amid weaker oil prices and waning drilling activity.