Trump Says He Kept His Promise to 'Drill, Baby, Drill' -- WSJ

Dow Jones

Yesterday

By Benoît Morenne

President Trump said he "kept his promise to drill, baby, drill," with U.S. oil production up by more than 600,000 barrels a day and American natural gas production at an all-time high. He also said the U.S. had received more than 80 million barrels of oil from Venezuela, where the Trump administration has taken control of Venezuela oil sales.

The resilience of the U.S. oil industry has been a boon to Trump. Despite low prices last year, drillers cranked out a record 13.6 million barrels of crude on average each day, defying predictions that the twin threat of Trump's tariffs and competition from the Organization of the Petroleum Exporting Countries and its allies would push the national output into decline. The increase was more modest than Trump said: U.S. oil production was up about 370,000 barrels a day last year compared to 2024. The federal forecaster expects natural gas production to hit new records this year and next.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 24, 2026 21:42 ET (02:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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He also said the U.S. had received more than 80 million barrels of oil from Venezuela, where the Trump administration has taken control of Venezuela oil sales. \n</p>\n<p>\n     The resilience of the U.S. oil industry has been a boon to Trump. Despite low prices last year, drillers cranked out a record 13.6 million barrels of crude on average each day, defying predictions that the twin threat of Trump's tariffs and competition from the Organization of the Petroleum Exporting Countries and its allies would push the national output into decline. The increase was more modest than Trump said: U.S. oil production was up about 370,000 barrels a day last year compared to 2024. The federal forecaster expects natural gas production to hit new records this year and next. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 21:42 ET (02:42 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Says He Kept His Promise to 'Drill, Baby, Drill' -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Says He Kept His Promise to 'Drill, Baby, Drill' -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-25 10:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Benoît Morenne \n</p>\n<p>\n     President Trump said he \"kept his promise to drill, baby, drill,\" with U.S. oil production up by more than 600,000 barrels a day and American natural gas production at an all-time high. He also said the U.S. had received more than 80 million barrels of oil from Venezuela, where the Trump administration has taken control of Venezuela oil sales. \n</p>\n<p>\n     The resilience of the U.S. oil industry has been a boon to Trump. Despite low prices last year, drillers cranked out a record 13.6 million barrels of crude on average each day, defying predictions that the twin threat of Trump's tariffs and competition from the Organization of the Petroleum Exporting Countries and its allies would push the national output into decline. The increase was more modest than Trump said: U.S. oil production was up about 370,000 barrels a day last year compared to 2024. The federal forecaster expects natural gas production to hit new records this year and next. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2026 21:42 ET (02:42 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614775318","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614775318","pubTimestamp":1771987320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"President Trump said he \"kept his promise to drill, baby, drill,\" with U.S. oil production up by more than 600,000 barrels a day and American natural gas production at an all-time high. 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The federal forecaster expects natural gas production to hit new records this year and next.This item is part of a Wall Street Journal live coverage event","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","XLE":"SPDR能源指数ETF","USO":"美国原油ETF","SCO":"二倍做空彭博原油指数ETF","UCO":"二倍做多彭博原油ETF","BK4570":"地缘局势概念股","DUG":"二倍做空石油与天然气ETF(ProShares)"},"translate_title":"特朗普表示他信守了“钻，宝贝，钻”的承诺——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DUG":0.9,"XLE":0.85,"USO":0.77,"UCO":0.6,"SCO":0.6},"content_text":"By Benoît Morenne \n\n\n     President Trump said he \"kept his promise to drill, baby, drill,\" with U.S. oil production up by more than 600,000 barrels a day and American natural gas production at an all-time high. He also said the U.S. had received more than 80 million barrels of oil from Venezuela, where the Trump administration has taken control of Venezuela oil sales. \n\n\n     The resilience of the U.S. oil industry has been a boon to Trump. Despite low prices last year, drillers cranked out a record 13.6 million barrels of crude on average each day, defying predictions that the twin threat of Trump's tariffs and competition from the Organization of the Petroleum Exporting Countries and its allies would push the national output into decline. The increase was more modest than Trump said: U.S. oil production was up about 370,000 barrels a day last year compared to 2024. The federal forecaster expects natural gas production to hit new records this year and next. \n\n\n       This item is part of a Wall Street Journal live coverage event. 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