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Old 04-15-2022, 01:16 PM
MartinSE MartinSE is offline
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Originally Posted by JMintzer View Post
Incorrect. They have over 9000 LEASES, not PERMITS...

Plus, they need permits to build the infrastructure to move the oil once it's pumped out of the ground... None of that is being fast tracked...
You are correct, I used the wrong term, any bad. But, it still remains that oil companies are NOT applying for permits. They investors they use to finance drilling new wells do not want them to drill new wells. It is NOT Biden's rules that are stopping them. They have the option to increase production and they do not want to.