Oil executives say Trump’s tariffs and “drill, baby, drill” message are creating uncertainty in energy markets and hurting investment, according to CNBC. The executives responded anonymously to a survey conducted by the Federal Reserve Bank of Dallas. Executives warned that the administration's chaotic policies and steel-related uncertainty are disrupting commodity markets and hindering new development planning. The quarterly Dallas Fed Energy Survey collects responses from around 200 firms in Texas, southern New Mexico, and northern Louisiana.
