re: Oil And Gas Executives Say It's Not Joe Biden Holding Back Domestic Production

This was based on a special questions survey of 139 oil and gas firms. Read their submitted comments for more color.

"When a senior member of the administration gets on television and insists green is cheaper, it is clear that the administration is not to be taken seriously. Access to finance remains trying for smaller companies. The talk about price gouging is tiresome. Discussion of federal leases and those leases being unused without an honest discussion about all the constraints and regulatory issues to drill is also unhelpful."

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Isn’t the lack of enthusiasm from investors due to influence from green energy advocates? And isn’t green energy highly favored over carbon fuels by this administration? If so, then yes, it’s Joe Biden- in part.

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To an extent, but people need to stop referring to these companies (especially those publicly traded) as O&G companies. They are Energy companies. Seeing global shifts, government breaks, and international favor shifting to renewables has forced these companies to delve deeper into R&D on projects to position themselves in a position of strength moving forward. Investors for the most part align with using capital for projects that pay higher dividends in the next decade+ vs volatile investments that like it or not, do have an expiration coming quicker than many of us would like.

The Potato in Chief said on the campaign trail that he would throw fossil fuel executives in jail if elected POTUS. But never mind that, I wonder where this "investment obstacle" in O&G suddenly came from

Funny how every industry that opposes FJB policies have a meeting and change their public stance afterwards...
https://www.bloomberg.com/news/articles/2022-03-09/u-s-oil-executives-meet-with-biden-officials-as-crude-soars
https://www.breitbart.com/politics/2022/03/21/joe-biden-meets-with-top-ceos-global-catastrophes-present-opportunities-to-lead-new-world-order/
https://www.c-span.org/video/?517491-1/presidential-meeting-ceos-social-spending-plan-economy
https://www.wknofm.org/2022-03-21/watch-president-biden-joins-the-business-roundtables-ceo-quarterly-meeting
https://news.yahoo.com/biden-meets-utility-executives-push-212638680.html
https://www.marketwatch.com/story/biden-to-meet-with-ceos-of-micron-hp-medtronic-in-push-for-spending-on-chip-manufacturing-11646844638
New World Order
https://clarion.causeaction.com/2022/03/22/biden-declares-theres-going-to-be-a-new-world-order-in-address-to-business-executives/

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Investors worry that Joe Biden and the Democrats could step in at any time and totally destroy their investment.

So, yeah, it’s still the fault of Biden & Democrats.

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This isn’t news either. We have already been saying this. Only the retarded liberals look at the policy changes in such a simplistic way making claims that the drilling permits and shut down of the keystone really don't have a great impact. Correct, those policy changes don't directly and immediately have a major impact. It's the second tier sort of responses to such policies that have a very harmful and longterm impact.

Wouldn’t those same investors be highly disincentivized to invest when staring down the barrel of spending millions on paper ensuring facilities meet regulation and then more millions on actually building the infrastructure to comply with those regulations?

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it’s a lack of enthusiasm from investors.

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There is a reason for that and it involves Biden and the "green activist" left.

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These same pressures existed during the Trump presidency as well…

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This administration and the left has almost made it a criminal offense toinvedtin oil and gas. That’s why we are seeing a lack of investment and production.

Shockingly, investors get pissed when you vaporize a couple trillion dollars over a decade and keep coming back and asking for more.