Sure do love our Discos, but…
Mudding
Joined: Nov 2014
Posts: 230
Likes: 53
Facts matter.
In fiscal 2021 98% of all drilling permit applications were approved. In FY 2020 94% were. Drilling applications and approvals were up during FY 2021 over FY 2020. There are currently 9173 unused, approved drilling licenses in the US. Why on earth would someone start a new drilling operation when CO is over $100 a barrel, and Americans just keep buying it anyway. ECON 101.
In fiscal 2021 98% of all drilling permit applications were approved. In FY 2020 94% were. Drilling applications and approvals were up during FY 2021 over FY 2020. There are currently 9173 unused, approved drilling licenses in the US. Why on earth would someone start a new drilling operation when CO is over $100 a barrel, and Americans just keep buying it anyway. ECON 101.
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StormTroopa
Discovery II
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Sep 10, 2009 01:06 AM
