Capex Money Flows Back into U.S. Oil, Especially in the Permian--But Will It Be Enough?

SUGAR LAND--January 25, 2022--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Oil & Gas Production exploration and resource development twice took it on the chin in 2020. COVID-19 lockdowns smashed the demand side while environmental, social and governance (ESG)/climate activist investors whacked the investment side. It's no wonder that both daily production and reserve exploration went backwards.