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<blockquote data-quote="JimFromTN" data-source="post: 2538582" data-attributes="member: 113268"><p>You got me, the month of January, permits dropped. Of course, they were way up for the entire year of 2021 but that doesn't mean anything, does it?</p><p></p><p>The article does repeat what I have been saying </p><p></p><p>"For its part, industry has not leapt to expand drilling.</p><p></p><p>The major public oil and gas companies that drive much of the United States' activity are holding themselves back with uncharacteristically miserly capital expense plans, returning cash to investors instead of drilling new wells. Officials with some companies say they are also facing bottlenecks for equipment, rigs and labor." - funny, nothing about lack or permits</p></blockquote><p></p>
[QUOTE="JimFromTN, post: 2538582, member: 113268"] You got me, the month of January, permits dropped. Of course, they were way up for the entire year of 2021 but that doesn't mean anything, does it? The article does repeat what I have been saying "For its part, industry has not leapt to expand drilling. The major public oil and gas companies that drive much of the United States' activity are holding themselves back with uncharacteristically miserly capital expense plans, returning cash to investors instead of drilling new wells. Officials with some companies say they are also facing bottlenecks for equipment, rigs and labor." - funny, nothing about lack or permits [/QUOTE]
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