Drill baby, drill. Trump wants to flood the world with oil. Schlumberger will benefit from a rising demand for oilfield services!
Reading Time: 2 minutes
Donald Trump has reinforced in his inaugural address that the USA wants to significantly increase its oil production. The well-known slogan "drill baby, drill" was mentioned again. The liquid gold – oil – under our feet is to be extracted. "America will be a production nation again. We have the largest oil and gas reserves in the world, and we will utilize them," Trump stated. The goal is to lower energy costs for the US population and bring more raw materials to the global market. "American energy" is to be exported all over the world. A new...
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