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wdmso · 03-19-2022, 02:02 PM

https://www.npr.org/2022/03/19/10869...crude-drilling

Here are 3 reasons why Big Oil can't just drill more to ease the pain at the gas pump

The point from which you drill a rig to the point that you can turn it online, it takes about six to eight months typically,

The number of workers producing oil and gas had been steadily decreasing since 2015.

"Energy companies were very afraid to ramp production because they were going to get punished by investors,

those same investors that may now prevent oil companies from boosting production too much, even as others push for a "drill, baby, drill"

03-19-2022, 02:02 PM	#132
wdmso Registered User Join Date: Jun 2012 Location: Somerset MA Posts: 9,123	https://www.npr.org/2022/03/19/10869...crude-drilling Here are 3 reasons why Big Oil can't just drill more to ease the pain at the gas pump The point from which you drill a rig to the point that you can turn it online, it takes about six to eight months typically, The number of workers producing oil and gas had been steadily decreasing since 2015. "Energy companies were very afraid to ramp production because they were going to get punished by investors, those same investors that may now prevent oil companies from boosting production too much, even as others push for a "drill, baby, drill"