rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
- 285,303
- 158,318
- 2,615
Future production?The fossil fuel industry actually hasn't pulled back on production, Winger. What they pulled back on was any further investment in FUTURE production! It takes years to bring wells on line. It takes years to build new refineries. None of that is in the pipeline (pardon the pun) at the moment because Joe Biden and the Democrats have made it quite clear that they are at war with the Fossil Fuels Industry. If you think prices are bad now...just wait! It's going to get worse and this time Potato Head won't be able to empty the Strategic Petroleum Reserves because he's taken that to dangerously low levels already!
They are sitting on 9000 unused drilling permits and are demanding more