Carbon13
Well-Known Member
How do you figure its not enough time for lease to pumping? Most leases are already settled. Planning, permitting, drill, completion, flowback, put online takes 9 mos. tops.18 months, and that's not enough time to go from lease to pumping.
I still don't know what "esg" is. Is there a shortage of leases available? Has the cost of leases for the purpose of producing oil increased?
Not sure what he could have done that would have helped this year.
I broadly agree that most of the price hikes are unrelated to biden, but its had an impact at the margins.
ESG is an investment philosophy around environment, social, and governance. Its basically divestment.