If oil companies know that the only oil out there is expensive and fraught with risk, they have two choices.
They can sit on their collective @sses and do nothing, which usually results in governmental intervention.
Or they can drill for the expensive oil and field company militias to fend off any pissant third-world crackpot dictators attempt to extort them.
One decision is low risk, but leads to stagnation and oblivion.
The other leads to more profits and increased supply, but at an increased risk.
One can see by the decisions that our oil companies... that they will most likely be just one more sector of American business that’ll be ‘outsourced’.
I want 'em drilling here.