Most domestic producers plan to grow output in the range of 0% to 5% this year – hardly the huge jump in production Trump wants. Exxon Mobil Corp. and Chevron Corp. are expected to expand production in the Permian Basin of West Texas and southeast New Mexico, the most productive oil drilling region in the US, by about 10% – a rate of growth roughly consistent with recent years.

Growth in the production of crude oil in the continental US is expected to be 165,000 barrels a day this year, according to energy consultant Enverus. That would be a slight bump from last year’s 120,000 barrel-per-day increase.