Quoth The Raven on Nostr: nprofile1q…3cvrw If Trumps Drill baby drill rhetoric will have any impact it’s ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqyev0mqmtl4kp6yrq68f7wxplmmt97657t8aglvcvwqhxmnun8mys23cvrw (nprofile…cvrw) If Trumps Drill baby drill rhetoric will have any impact it’s unlikely to be seen quickly, and would have to change the incentives for the industry.
Even then, “Big Oil” moves slow, and only goes where there’s money to be made. If there is a huge upswing in drilling, it’s probably bad news for us big boys because it will drive up our drilling and labor costs, reduce the spot price of oil and make the roads less safe because we have a new bunch of wildcat drillers out here.
Even then, “Big Oil” moves slow, and only goes where there’s money to be made. If there is a huge upswing in drilling, it’s probably bad news for us big boys because it will drive up our drilling and labor costs, reduce the spot price of oil and make the roads less safe because we have a new bunch of wildcat drillers out here.