Gas prices keep rising, but do big oil companies plan to drill more? Not so far
NPR News ·
An oil drilling rig in the Permian Basin on March 13, 2022, in Midland, Texas. Joe Raedle/Getty Images hide caption toggle caption Joe Raedle/Getty Images Stay up to date with our Up First newsletter …
An oil drilling rig in the Permian Basin on March 13, 2022, in Midland, Texas. Joe Raedle/Getty Images hide caption toggle caption Joe Raedle/Getty Images Stay up to date with our Up First newsletter sent every weekday morning. On a call with investors last week, Chevron CEO Mike Wirth summed up his plans for oil production in four words: "Steady as she goes." Not much about oil markets have been "steady" for the past few months . …
Original source: NPR News