There's no need for any plan as long as the barrel of oil sells for more than $100. The private enterprise will be more than happy to oblige. We'll wait and see

There's no need for any plan as long as the barrel of oil sells for more than $100. The private enterprise will be more than happy to oblige. We'll wait and see, but I predict that in 2022, the US will increase its crude output by more than 2.5 million barrels/day, i.e. twice the IEA prediction under the high price scenario [1]. [1] https://www.eia.gov/outlooks/aeo/ https://www.eia.gov/outlooks/aeo/