When there's an influx of cash like now, it's usually an ideal time to invest that money in new production because you have the cash in hand. General consensus

When there's an influx of cash like now, it's usually an ideal time to invest that money in new production because you have the cash in hand. General consensus is that new development should be small and only in a few types of projects, due to the transition under way. For example see this BCG report (PDF): https://web-assets.bcg.com/5e/73/dcd6e1544ba2a964e6c082d684e8/bcg-oil-and-gas-investment-in-the-new-risk-environment-dec-2020.pdf https://web-assets.bcg.com/5e/73/dcd6e1544ba2a964e6c082d684e...