Alex Epstein

@AlexEpstein ↗

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Last Checked Nov. 3, 2022

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Wed Oct 26 18:49:45 +0000 2022

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Alex Epstein @AlexEpstein

High post-pandemic demand for oil would normally be a great opportunity for oil producers to rapidly increase their capital expenditures and profit from higher prices. But today’s hostile environment, overwhelmingly from D politicians, makes companies reluctant to invest. https://t.co/waavWx2J68 — PolitiTweet.org

Posted Oct. 26, 2022

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Alex Epstein @AlexEpstein

Is it any wonder that, threatened incessantly by US Ds and other anti-oil forces, global investment in oil declined dramatically despite growing long-term demand? Between 2011 and 2021, oil/gas exploration investments declined 50%. Less investment = less supply = higher prices. — PolitiTweet.org

Posted Oct. 26, 2022

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Alex Epstein @AlexEpstein

In July one of America’s most successful oil execs, Cody Campbell, wrote an article, "Yes, Biden’s War On The Oil And Gas Industry Is Driving Shortages And High Prices," citing Ds’ idea that "the need for oil and natural gas is soon coming to an end." https://t.co/k8v3AHQLYM — PolitiTweet.org

Posted Oct. 26, 2022