Despite Iran conflict, U.S. oil production is unlikely to budge

After launching air strikes on Iranian unclear facilities over
the weekend, President Trump posted to Truth Social, demanding
that U.S. oil firms “drill, baby, drill.” Although ongoing
conflict in the Middle East could balloon oil prices, it’s
unlikely that domestic producers are racing to ramp up production
just yet. Also in this episode: Renting may be more appealing
than buying right now, Treasury auctions see stability, and
tariffs threaten the success of a Wyoming trona mine.


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