Oilprice.com (November 18)
2021/ 11/ 20 by jd in Global News
“The real reason that Big Oil won’t raise production is a matter of simple economics. Keeping the supply tight is just too good for the bottom line…. In fact, according to figures from Deloitte LLP, oil explorers in the United States are making more money now than at any other point in the more-than decade-long history of the nation’s shale revolution.”
Tags: Big oil, Bottom line, Decade, Deloitte, Economics, Money, Production, Shale revolution, Supply, Tight, U.S.