Why U.S. Oil and Gas Producers Aren’t Solving the Energy Crisis

https://www.wsj.com/articles/why-american-producers-arent-solving-e...

"...So why aren’t American oil and gas companies producing more barrels to help tamp down oil and gasoline prices during a global market shock when domestic inflation is rampant? The answer, as with everything that revolves around climate change, is complicated..."

Paul H. Tice and the WSJ do a great job here putting the politics of US Oil in perspective. Buried in the gory details you begin to see that the lower regulatory risk, known costs, more certain returns of a mature play may be the only direction E / P s can turn for the next few years. "Fill In" drilling on the more productive HBP leases in the Eagleford seem to fit this mold. 

What do you think?

Aggie '75