What do you know... Oil production is falling...

[Eagle]

that's what happens when regs and taxes forces the number of producing rigs to fall and oil companies aren't investing in new rigs, drilling or exploration.

Thanks Biden...

And to no one's shock or amazement, buckshot and stumpy once again prove they don't know shinola about ish...

Shale Wells Are Losing Oil Output Faster Than Expected, Study Says

The steep drop in output from US shale wells is turning out to be worse than expected, forcing oil drillers to work even harder to keep production from slipping, research firm Enverus said in its latest report.

www.bloomberg.com

 

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