Which new regulations just went into effect in the last 18 months?I seem to remember something from the Bible, way back before Neyamiah, I think. You Reep What You Sow. Not even the American people are dumb enough to be sold a bill of goods on this issue. Everyone knows that the Democrats have been pushing everything Green. Oil producers have faced constant obstruction for 50 years. Spokespersons for the administration look uncomfortable responding and for good reason. You can't run from 50 years of constantly pushing regulations that reach beyond common sense.
I know all of that, it doesn't matter what you and I know in an election.Which new regulations just went into effect in the last 18 months?
It's pure nonsense. Demand for oil dropped 25% during the pandemic. You act like things just "happen". There are reasons for higher oil prices. Read these articles, please.
2024 oil and gas industry outlook
The oil and gas industry should look to uphold capital discipline and prioritize viable low-carbon projects to help successfully navigate the changing energy demand landscape.www2.deloitte.com
Read @Kearney: How has COVID-19 impacted the oil and gas industry, and what does this mean for the future?
COVID-19, in tandem with the Saudi-Russian oil price war, has thrown the oil and gas industry into turmoil. With drastic drops in price, imbalances of supply and demand, and increased stock, typical recovery strategies will be insufficient. As a result, bankruptcies, consolidation, and...www.kearney.com
The good times are rolling for Big Oil. 3 things to know about their surging profits
Major energy companies have reported a surge in profits in the first three months of the year as oil prices have rallied.www.npr.org