Trump says ‘Drill, baby drill’: 2025 oil and gas price projections [Video]

It’s been more than a month since President-elect Donald Trump won the presidential election.

One of his campaign slogans reads “drill, baby drill,” which is his push for a less expensive economy by boosting oil supplies after consumer prices soared during the pandemic.

His solution to combat the prices? Speed up drilling and boost oil supplies.

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The top five gasoline-producing countries are Russia, China, Saudi Arabia, the United States and Canada. Together, all of these produce 52% of the global supply that’s enjoyed by 195 countries worldwide, according to Eastern Kentucky University assistant professor and global supply chain management program director James Kirby Easterling.

“So, I think what could happen is that China and Russia in particular — if we start increasing the amount of gas that we produce in the United States they may actually …