US Oil Growth Slows as Gas Takes the Lead

Donald Trump’s inauguration later this month is almost unanimously believed to bring in a new era in U.S. energy policy—an era of pro-oil and pro-gas regulation aimed at boosting the country’s production and exports, in line with Trump’s energy dominance agenda. However, this belief may yet get shattered by factors outside the president-elect’s control.

There have already been signs that the oil and gas industry itself is not really on board with a rerun of the “Drill, baby, drill” movie that the shale…