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In Texas, the difficult recovery of oil production

2022-04-27T18:41:00.270Z


REPORT - Faced with galloping inflation and anticipating a European embargo on Russian hydrocarbons, the White House is encouraging American oil companies to increase their production. In Texas, the country's leading producer state, stewardship is slow to follow.


In Houston, Texas

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Day breaks over Luling, a Texan town that looks like a Far West setting.

Wayne McCrary, owner of several nearby oil fields, laughs when reading the local newspaper: the day before, the White House announced that it wanted to increase American oil production by nearly 15% by the end of 2023.

“A few months ago, Biden wanted to bury us in the name of global warming and he is now begging us to massively restart production!

It's totally crazy, and it's not going to be as simple as he hopes, ”

says the sixty-year-old.

The change of foot of the federal authorities is indeed spectacular.

Elected on an ambitious program to reduce polluting emissions, the Biden Administration has multiplied coercive measures against the oil sector.

Weary, now cornered by a return of inflation and soaring oil prices, the White House is engaged in a race against time to bring down the…

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Source: lefigaro

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