Oil executives bluntly criticize Trump tariffs and 'drill, baby, drill' in anonymous survey
1. Oil executives criticize Trump's administration for causing market uncertainty. 2. Tariffs increase costs, hindering future project planning. 3. Threat of $50 oil prices leads to reduced capital expenditures for 2025-2026. 4. Unstable policies could decrease U.S. oil production similar to COVID-19 impacts. 5. Dallas Fed survey reveals pessimism among energy market participants.