Trump Promised to ‘Drill, Baby, Drill.’ The New Rigs Are Nowhere to Be Found

During his presidential campaign, Donald Trump made bold promises to increase domestic oil and gas production by opening up more federal lands and waters to drilling. His rallying cry of ‘Drill, Baby, Drill’ resonated with many Americans who believed that it would create jobs and boost the economy.

However, nearly four years into his presidency, the new rigs that were supposed to bring about this energy revolution are nowhere to be found. Despite efforts to roll back environmental regulations and streamline the permitting process, oil and gas companies have been hesitant to invest in new drilling projects.

One of the main reasons for this lack of new rigs is the low price of oil, which makes drilling in expensive and risky offshore areas less appealing. Additionally, the industry is facing increased scrutiny from investors and the public for its role in climate change, further dampening enthusiasm for new projects.

While the Trump administration has been vocal about its support for the fossil fuel industry, the reality on the ground tells a different story. The promise of a drilling boom has yet to materialize, leaving many communities that were hoping for economic growth and job opportunities disappointed.

As the 2020 election approaches, the future of American energy policy is once again in the spotlight. Will the next president continue down the path of more drilling, or will there be a shift towards cleaner and more sustainable forms of energy? Only time will tell.