jyoutz
Super Member
Talk to them privately and you hear the truth. They cannot go directly against an administration that will still be in charge for over 2 years. No intelligent CEO who runs a highly regulated business goes directly after the regulators.
Talk to them privately and you hear the truth. They cannot go directly against an administration that will still be in charge for over 2 years. No intelligent CEO who runs a highly regulated business goes directly after the regulators.
From the report:
- “U.S. crude oil production in the forecast averages 11.9 million b/d in 2022, up 0.7 million b/d from 2021. We forecast that production will increase to more than 12.8 million b/d in 2023, surpassing the previous annual average record of 12.3 million b/d set in 2019. “
Seems like the US production is doing pretty well. Next year will be the highest ever production and this year will be close to the record. But worldwide there is still more supply needed due to the loss of Russian oil.