Despite Iran conflict, oil companies are unlikely to heed the president’s call to “drill, baby, drill”

Payne Institute Director Morgan Bazilian was featured on this podcast discussing how global oil prices are simply too low to make it profitable to make “drill, baby, drill” a viable choice.  Higher prices could benefit U.S. oil companies — which, despite the president’s rhetoric, have been reluctant to increase domestic oil production in recent months.  June 23, 2025.