U.S. Oil Firms Unlikely to Go ‘Drill, Baby, drill’ Under Trump, says Exxon Executive – “Everybody is Focused on the Economics”

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil  said on Tuesday. “We’re not going to see anybody in ‘drill, baby, drill’ mode,” Liam Mallon, head of Exxon’s upstream division, told the Energy Intelligence Forum conference in … Read more