Posted on 04/26/2020 6:20:13 PM PDT by brownwill6767
When “Texas” cuts production, that generally means Texas producers.
“Garcia Richard earned her BA in political science from Barnard College (1996) of Columbia University and her teaching certificate from University of California, Los Angeles.”
THAT is who is chiming in on oil drilling policy in New Mexico. A school teacher with a poli-sci degree.
We’re not to the point we can do that, we still require around 6 million barrels a day to meet our daily needs.
I’m sure it would take months to build, but still would help the industry in the long run.
More storage should have already been built years ago, but Congress stopped it:
“Activities towards the goal of expansion of the SPR to one billion barrels, as directed by Congress in the 2005 Act, were cancelled in 2011 after Congress rescinded all remaining expansion funds.”
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