Energy companies just reported the steepest decline in operating rigs in 3 years.
The lack of urgency among these businesses to boost production is paving the way for another strong rally in oil and gas prices, ultimately creating further upward pressure on inflation. pic.twitter.com/NWSu2RzQR3
— Otavio (Tavi) Costa (@TaviCosta) July 26, 2023
Thank the Biden admin and other zealots
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