Operating rigs, investment, pipelines -- Biden has excoriated all of these in order to placate his insane "no civilization" leftist owners.
It is true that the banks have stopped making loans to energy companies. They have shuffled on to the Ponzi schemes of wind and solar. But the real problem with natural gas is that everyone knows that there is a ton of gas left in plays like the Marcellus. As soon as gas creeps up above $4, rigs will appear and drive it back down.
Large fossil fuel companies set the energy agenda in this country not the politicians
As for rig count most of our area has had rigs put in already over the last 15 years in my area and the transmission lines etc are all set n and the needed pumping stations etc so of course rig production has Ben dropping.
Read what the oil and gas companies are saying for 2022. They are looking at having a record year.
Brandon is also trying to quash the EastMed pipeline from Israel; to Europe at the behest of the Turks.