David Oxley, chief climate and commodities economist at Capital Economics, said his comments are in keeping with the president's desire for lower gasoline prices.
"[It's] his clear intention to use energy as leverage over Russia to end the war in Ukraine. That said, lower oil prices will certainly not incentivise US oil producers to 'drill, baby, drill' – particularly in high-cost Alaska.
"Of course, Saudi Arabia would not be guaranteed to heed a request by President Trump to expand oil production and to bring down global oil prices."