Hi Cherry Picker, welcome to Tuesday. Also, from the article and more to my point
Supply and demand, not the president, will drive oil and gas production
James Coleman, a professor of law and senior fellow at the American Enterprise Institute, said Trump’s pledge to “drill, baby, drill” is not policy, but political rhetoric meant to excite his base.
“We get sound bites from presidential campaigns and often it's hard to know what that actually means in practice,” he said. “My sense is that people perceive it as a positive message, and they're thinking that means more jobs [and] more infrastructure.”
In fact, the idea of drilling more pits consumers' interests against the oil and gas industry, cutting into their profit from crude oil.
“There are many variables… there are just too many moving pieces that influence supply and demand. ” Feit said. “So yes, demand gets satisfied, and the market has enough oil but then something changes, and demand changes so more oil is needed, then less oil.”
The Trump campaign did not respond to questions from The Texas Tribune.