Trump’s latest oil lease sale made $58 Million. U.S. oil production is still wavering.

28 Jul 2025 • 7 min • EN
7 min
00:00
07:55
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The Trump administration recently brought in $58 million from an oil lease sale in New Mexico’s Permian Basin, a move it touts as a win for its “energy dominance” agenda. But signs suggest U.S. oil production may be slipping. POLITICO’s Ben Lefebvre breaks down the sale’s details, how U.S. oil production is wavering, and what it means for Trump’s energy goals and allies. Plus, a new bipartisan push to speed up energy and infrastructure projects is taking shape on Capitol Hill. Ben Lefebvre is an energy reporter for POLITICO.  Josh Siegel is an energy reporter for POLITICO and the host of POLITICO Energy. Nirmal Mulaikal is the co-host and producer of POLITICO Energy.  Alex Keeney is a senior audio producer at POLITICO.  Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Music courtesy of www.epidemicsound.com Learn more about your ad choices. Visit megaphone.fm/adchoices

From "POLITICO Energy"

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