Posts Made By: Mel Maki

Originally Posted by Rod Kaufman

"Experts say even if these companies start drilling more oil wells today, it could take anywhere from six months to years for that oil to start flowing."
"Looking at ExxonMobil and Chevron’s stock numbers, both companies are doing well. Exxon’s stock comes in at $84 —up nearly $25 over the past year — and Chevron is at just under $159."
"Despite these high prices, reports show that American oil suppliers aren’t eager to ramp up supply but there is a labor and equipment shortage which slows down production."
https://katv.com/news/nation-world/fact-check-team-why-isnt-the-us-producing-more-oil
So, there are a lot of factors here but dropping state and federal taxes for awhile could help immediately and that's step that could and should be taken now.

Originally Posted by Rod Kaufman

Oil companies are making record high profits and can afford a risk to explore on the land they already have leases on without breaking a sweat. But to people like you, it'll never be enough...

Originally Posted by Rod Kaufman

Obviously not, Mel. I was referencing a mindset with the statement,  "people who think like you" and "it'll never be enough".