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Politicians have their plans, but the market doesn't always cooperate from american public media this is marketplace in baltimore i'm am'm Amy Scott in for Kyrisdal.

It's Thursday, November 14th.

Good to have you with us.

Now that Republicans have won control of the House, President-elect Donald Trump,

will have an easier time passing his agenda.

One priority, we heard a lot during the campaign.

Drill baby drill, Trump promised to cut Americans energy bills by expanding oil and gas production.

Thing is that production is already at record levels during the Biden administration.

And today, the International Energy Agency projected a global

oil surplus of more than a million barrels per day next year. Marketplace's Henry Epp looks at how

that might complicate Trump's plans. The basic story of oil this year is that the growth in

demand for crude keeps falling short of expectations,

says Mark Finley at Rice University.

And so it looks like global oil demand is pretty sluggish.

It's still growing, but not very aggressively.

...