Despite Iran conflict, U.S. oil production is unlikely to budge

Marketplace

American Public Media

Business, News

4.6 • 8K Ratings

🗓️ 23 June 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After launching air strikes on Iranian unclear facilities over the weekend, President Trump posted to Truth Social, demanding that U.S. oil firms “drill, baby, drill.” Although ongoing conflict in the Middle East could balloon oil prices, it’s unlikely that domestic producers are racing to ramp up production just yet. Also in this episode: Renting may be more appealing than buying right now, Treasury auctions see stability, and tariffs threaten the success of a Wyoming trona mine.

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Transcript

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0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
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0:47.2	What do you think?
0:48.6	Pretty interesting 48 hours, huh?
0:51.4	From American Public Media.
0:53.6	This is Marketplace.
1:05.0	In Los Angeles, I'm Kyle.
1:07.0	It is Monday today.
1:08.7	This one is the 23rd of June.
1:12.8	Good as always to have you along, everybody.
	...

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