Forum Discussion
Reisender
Feb 25, 2022Nomad
ferndaleflyer wrote:
Went from energy independent to buying off shore with change of administration and limiting domestic production. We have the oil but current administration has restricted production. Maybe to make electric vehicles look better--maybe.
In my case since I own producing oil & gas leases the increased income from these will cover the increase at the pump. I will still travel.
I don’t know. Oil companies have to want to pump it as well.
https://www.bloomberg.com/news/articles/2022-02-18/shale-wildcatters-send-bullish-oil-price-signal-with-output-restraint
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