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> oil companies are "dragging their feet". That is what you requested and that is what I provided. There are other articles if you would like to research them
by JaimeThompson 4y ago
> oil companies are "dragging their feet".
That is what you requested and that is what I provided. There are other articles if you would like to research them yourself.
The full quote is "“Whether it’s $150 oil, $200 oil, or $100 oil, we’re not going to change our growth plans,’’ Pioneer Chief Executive Officer Scott Sheffield said during a Bloomberg Television interview. “If the president wants us to grow, I just don’t think the industry can grow anyway.’’"
>Now that I've addressed your article, would you like to address the above administration policy decision I linked?
"Federal land accounts for about 24 percent of oil and gas production in the United States, mainly in the offshore Gulf of Mexico. But since companies with existing leases will not be affected, the near-term impact on exploration and production as well as royalties to states will be limited. With more than 26 million onshore acres and 12 million offshore acres already under lease, there is a deep inventory of exploration opportunities. "