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so, we only base things off the headline?
Posted on: March 7, 2022 at 08:23:37 CT
CulturedDan MU
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"Drilling moratoriums, threats for fossil fuel investors and desperate appeals to OPEC for help have contributed to rising energy prices, a major component of the inflation spike.
The Biden administration has tried to backtrack on that and now is calling on the U.S. shale industry to drill the leases that they have and to add rigs, but even though the rig counts are going up, the production that's coming online is barely moving the needle.
The U.S. shale industry is in need of constant investment to keep oil production going up at the same time companies have to be more fiscally responsible than they were in the past because the Biden administration's clampdown is making it almost impossible to take economic risks."
You do know headlines work, right?
The Biden administration has tried to backtrack on that and now is calling on the U.S. shale industry to drill the leases that they have and to add rigs, but even though the rig counts are going up, the production that's coming online is barely moving the needle.
The U.S. shale industry is in need of constant investment to keep oil production going up at the same time companies have to be more fiscally responsible than they were in the past because the Biden administration's clampdown is making it almost impossible to take economic risks."
You do know headlines work, right?
Please explain why this message is being reported.
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so, we only base things off the headline? - dangertim MU - 3/7 08:23:37