I also think that all of the permits required to get to the point of pumping oil will become a tangled web that stops oil producers. The Biden regime will continue to say things like “Come on oil companies, we gave you the leases you asked for and your prices are still high!”
“I also think that all of the permits required to get to the point of pumping oil will become a tangled web that stops oil producers”
They’ve already been doing that.
Kilmeade had an oil guy on his radio show last week explaining that very thing.
He said they can provide all the leases they want it’s really about permitting and that’s where brandon holds it all up.
And with higher royalty rates = less likely to get drilled.