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Southeast Colorado | I think EVERY oil company is doing everything possible right now to produce as much oil as they can. It is very profitable to be doing so. Obviously govts along with their policies can be part of the influence that either helps or discourages that.
Right now the biggest hurdle would be labor and availability of drilling and pumping parts. But the enthusiasm as to how quickly that will recover can and should be a function of govt policy. It is nice to see a change in this Administration's outlook. One certainly not only has the ability to see through that facade, but also the responsibility to take their latest positive actions with a grain of salt..... if you haven't been walking through the last decade blind folded with ear plugs in. | |
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