So a very big question that needs answering is this: what is the Trump administration—aka Team ExxonMobil—going to do to achieve that? We are already seeing some policies that appear designed to drive up oil prices. For instance, Trump moved to eliminate the Obama-era requirement that vehicles become more fuel-efficient—which means more trips to the gas station for consumers. Trump’s budget plan, meanwhile, aimed to completely eliminate funding for new public transit projects, and kill funding for long-distance train services.
