“You Can’t Fix Stupid”… Biden Pauses New Oil & Gas Leasing on Federal Lands and Waters

There is a ton of drilled holed that have not been completed yet. They will take time to develop so the shale industry will still be quite busy. Besides, drilling on private land won’t be touched by POTUS Biden’s constipations. And lastly, the real meat is in better exploitation of already existing and fully developed wells including refracs and other well-stimulation techniques. Shale won’t go away just because Biden swung his pen.

Linkedin Thread