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Active oil, gas rigs down in 2nd Trump term

President Trump's pledge to "drill baby drill" during his second term is not playing out in the oil patch or fracking zones, with rig counts down since Inauguration Day, according to energy technology company Baker Hughes. Robert Rapier, editor-in-chief of Shale Magazine, joins "The Takeout" to explain why.
Aug 11, 2025 (04:22)

TRANSCRIPT FOR: “ACTIVE OIL AND GAS RIGS DOWN SINCE TRUMP TOOK OFFICE”

MAJOR GARRETT:
00:04:16

Robert Rapier, thank you for that perspective and that expertise. I appreciate it very, very much.

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