November 24, 2021

No Reinvestment in Shale

Frank Lasee

"U.S. shale producers saw reinvestment rates hit an all-time low in the third quarter and saw record levels of free cash flow."

Posted by: Timothy Birdnow at 09:53 AM | Comments (2) | Add Comment
Post contains 29 words, total size 1 kb.

1 Frustrating article. Goes on and on about how reinvestment is not happening, but gives no reason for it -- not even a guess. Unless I missed it.

Posted by: Dana Mathewson at November 25, 2021 10:29 AM (zjwe/)

2 I know Dana. They apparently didn't want to state the obvious; the government, under Biden, has spooked investors by saying we will be off oil by 2030 and promising to get back in the Paris Accord and using strongarm tactics on banks to stop lending to oil producers.

I don't know what they author of that feared, but he clearly didn't want to touch the root cause.

Posted by: Timothy Birdnow at November 26, 2021 09:01 AM (PnO6z)

Hide Comments | Add Comment

What colour is a green orange?

17kb generated in CPU 0.03, elapsed 0.0598 seconds.
43 queries taking 0.0465 seconds, 125 records returned.
Powered by Minx 1.1.6c-pink.
Always on Watch
The American Thinker
Bird`s Articles
Old Birdblog
Birdblog`s Literary Corner
Behind the Black
Canada Free Press
Christian Daily Reporter
Citizens Free Press
Daren Jonescu
Dana and Martha Music On my Mind Conservative Victory
Gelbspan Files Infidel Bloggers Alliance
Let the Truth be Told
>Numbers Watch
The Reform Club
FTP Student Action
Veritas PAC
The Galileo Movement
Intellectual Conservative
br /> Liberty Unboound
One Jerusalem
Publius Forum
Ready Rants
The Gateway Pundit
The Jeffersonian Ideal
Thinking Democrat
Ultima Thule
Young Craig Music
Contact Tim at

Monthly Traffic

  • Pages: 1417
  • Files: 270
  • Bytes: 42.1M
  • CPU Time: 3:24
  • Queries: 67752


  • Posts: 17305
  • Comments: 38999


RSS 2.0 Atom 1.0