In his inauguration speech, US President Donald Trump promised that the US would produce more oil and gas than before: „We will drill, baby, drill,“ he repeated his promise from the election campaign. But despite his decisions to deregulate the oil and gas industry, analysts expect only a slight increase in production. For 2025, the Energy Information Administration forecasts an increase of only 2.6 percent – for 2026, the forecast is even below one percent.