SET YOUR NOTIFICATIONS AND JOIN WAYNE DUPREE, LEAH BELLA AND HUTCH BAILIE JR
Streaming begins – Monday, November 14, 2021
Analysis: Joe Biden has done a lot to discourage a resumption of drilling and production in the United States. It has cleared pipelines, threatened oil and gas producers with higher taxes, knocked out promising land, such as the Arctic Natural Wildlife Refuge, slow-paced leasing and new drilling permits, and most recently imposed new ones. methane containment rules that make drilling more expensive.
What reasonable person would invest in the oil field in the face of such inexorable hostility? Drilling activity is on the rise, but not far from where it should be at $ 82 a barrel of oil.