We The People

We The People

Tuesday, February 24, 2026

Drill, baby, drill: Oil tech expert reveals why Trump's toughness on the industry is actually good | Blaze Media

Drill, baby, drill: Oil tech expert reveals why Trump's toughness on the industry is actually good | Blaze Media

Under President Trump, oil prices have never gone over $73.15 (January 2025), whereas the previous three presidents have peaked at far higher prices. President George W. Bush had prices skyrocket to $128.08 in July 2008. President Obama's top price was $108.80 in April 2011, while President Biden's peak price was in June 2022 at $113.77. As of November 2025, the U.S. crude oil purchase price was just $58.13.

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