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Claims US is world's largest supplier of oil

Claims US is world's largest supplier of oil

“Drill, baby, drill” is Trump's push to expand domestic oil and natural gas production by easing regulations and increasing drilling.

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US President Donald Trump claimed that the United States had become the world's largest supplier of oil and natural gas, crediting his administration's energy policies and increased domestic production, as he highlighted his government's record in his final campaign pitch ahead of the US midterm elections.

Speaking at the reopening of the Lincoln Memorial Reflecting Pool at the National Mall, Trump touted his administration's "drill, baby, drill" pledge and claimed that the United States, together with Venezuela, accounted for nearly half of the world's oil reserves.

“Drill, baby, drill” is Trump's push to expand domestic oil and natural gas production by easing regulations and increasing drilling.

"When you add just Venezuela and the United States, we have almost 50% of the world's oil. We have more than Saudi Arabia and Russia, by far, put together," Trump said.

He also claimed that the US had secured a significant advantage in global energy supplies through its access to Venezuelan and Greenland resources, while criticising the previous administration's approach to climate and energy policies.

Moving to the economy, Trump claimed that personal incomes in the US had reached their highest levels in history, while poverty had fallen to a record low. He also said American exports were at an all-time high and employment had reached its highest level. - ANI

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