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Re: chrisp6712 post# 47338

Monday, 05/16/2022 11:15:11 AM

Monday, May 16, 2022 11:15:11 AM

Post# of 56243
Since oil and gas are tied together as a source of energy as 50% of Oil wells also produce natural gas and we live in a global market any changes in laws, transportation, leases etc. that makes it more costly or stifles production raises cost. You are the one that raised the same left wing talking point on leases, not me buddy. They all knew that once the economy got going that demand for oil and gas would increase and instead of getting production up they put roadblocks in their way. There is no doubt this administration wants higher gas and oil to go up to push the green agenda. They don't even deny it. Prices will only come down once demand is killed by a recession or worse happens. If this administration was smart they would try and work with the industry and try and balance price with increased supply. A business does not want to spend billions of drilling programs that are delayed forever and that may not pay for itself. That is why you cannot just change over night.
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