While President Joe Biden has been “jaw-boning” OPEC nations to pump more crude, the rest of the world finds it odd that the leader of the top oil producer isn’t paying more attention to domestic shale, said oil historian Daniel Yergin.
“There’s a basic antagonism and lack of interest -- indifference -- to the industry, although it has 10.5 million people work in it,” Yergin, vice chairman of IHS Markit Ltd., said in a Bloomberg Television interview on Monday. “The rest of the world is saying this is really strange.”
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November 08, 2021 at 11:49PM
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Biden 'Antagonism' to U.S. Oil Industry is Strange, Historian Says - Bloomberg
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