Wednesday, November 16, 2022 3:23:18 PM
Obama was responsible for the Shale revolution. And what happened after that? Prices collapsed because of over production. Smart companies are not going to get wiped out again by overproducing in this environment so that they can go down again if another recession hits. There is an equilibrium and politics is only the shiny toy the media dangles in front of you to keep you entertained.
None of it matters.
What does matter however is it is the perfect storm for Delfin, right here right now...
Leave the ding dong politics rhetoric off the board. It is of little consequence. Last I checked Biden OK'd more LNG projects than Trump, and again that doesn't mean anything...
https://www.macrotrends.net/2562/us-crude-oil-production-historical-chart
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