Yet people often judge who you are not what you do, with oil companies the prime example. Of course many insist, as the New York Times’ Farhad Manjoo that this is a ‘fossil fuel’ war, which is rather puzzling. And European dependence on Russian gas (and the world’s dependence on Russian oil) has not slowed political actions against Russia, from sanctions to weapons deliveries. Similarly, oil companies can’t operate without a backlog of undrilled leases because they can’t immediately line up new leases once the old ones are drilled. - The New York Times (nytimes.com)Watch White House Adviser Hochstein on SPR Release, Well Leases, OPEC - Bloomberg

Source: New York Times April 06, 2022 12:44 UTC