ESG Energy Crisis: U.S. Rig Count Flat as Oil Climbs to $120 a Barrel and Gas Hits Record High
Still no help on the supply side from U.S. oil producers.
Still no help on the supply side from U.S. oil producers.
No relief in sight for soaring oil and gasoline prices as supplies dwindle.
Texas to the rescue!
Domestic energy production is being held back by taxes, ESG investing, Green New Deal policy threats, and bank regulations.
Happy Earth Day!
Still no sign of rising production.
The U.S. rig count remained frozen in place and the Canadian rig count fell.
Nothing that points toward relief for record-high prices at the gas pump.
Zero new rigs were added this week despite soaring oil prices.
Still stung by the last boom and bust cycle, and wary of Green New Deal-style anti-fossil fuel rules, U.S. oil producers remain hesitant to expand production.