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Gas prices keep rising, but do big oil companies plan to drill more? Not so far
Executives say prices are profitable but not high enough to justify major new drilling, with planned output increases capped at 250,000 barrels a day.
Summary by Npr
7 Articles
7 Articles
Gas prices keep rising, but do big oil companies plan to drill more? Not so far
The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.
Gas prices keep rising, but do big oil companies plan to drill more? Not so far - TPR: The Public's Radio
The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.
Coverage Details
Total News Sources7
Leaning Left5Leaning Right1Center0Last Updated83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
R 17%
Factuality
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