Sigh
You never actually try to document anything do you.
Production shut off during 2020. It took a long time to ramp back up. 1) we have a massive worker shortage (if you want to be scared, Google illegal aliens working in oil fields and you will see how much worse it might become)
When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas.
www.reuters.com
2) we had a LOT of oil/gas bankruptcies. It started before COVID, prices were way too low for fracking. COVID ramped it up.
While the airline industry has benefited from a special federal stimulus loan package tied to the impact of COVID-19, the energy industry has not.
www.epiqglobal.com
Notice links documenting my points.
But my original argument was Russia IS making big money because Saudi cut oil production. You then brought Biden into it. But now you say Biden has made no difference yet. So what does it have to do with my point? You are the second half of this conversation "that was a good beer", "yes, but Biden sucks".