Are you referring to Trumps plan to increase oil production? All of these things are very complicated and cannot be explained by a few sentences.
https://www.politico.com/news/2020/10/27/trump-oil-gas-industry-432722
Partial copy:
The oil industry’s fortunes have been withering on President Donald Trump’s watch, with dozens of oil companies falling into bankruptcy as weak crude prices take a toll on the sector he contends
would be abolished if he’s not reelected.
Though some of those industry woes were emerging last year as companies grappled with a glut of oil, people in the business say they were made worse by the president’s trade wars and mishandling of the coronavirus pandemic. So far least
40 U.S. oil companies have sought bankruptcy protection in 2020 while dozens of others have slashed spending and cut tens of thousands of jobs.
Trump frustrated the industry last month by declaring vast swaths of shoreline off Florida and other states off-limits to drilling, an election-year reversal of his past promises to expand offshore production. And even one nominal bright spot for the industry — the administration’s aggressive rollback of regulations — has been so rushed and beset by legal challenges that Democrats may have little trouble reinstating the rules if they reclaim power.
“Three and a half years of rollbacks facing serious litigation ensures a lot of things are ‘to-be-decided,’” said Wayne D’Angelo, an energy lawyer and partner at legal firm Kelley Drye who has represented oil and gas companies and trade associations on federal environmental issues.
More fundamentally, oil and gas executives told POLITICO, the president doesn’t really understand their business — and his famously chaotic White House has set up a system where only a relative handful of favorite energy executives have access to people who can shape policy.