Why Rising DUC Count Is Creating Oil & Gas Supply Concerns

Summary:
Article written right before Covid hit… this is funny they proclaimed “supply concerns!” in the title of the article but back then under Trump, the “concern!” was there would be TOO MUCH! 😂And yo, these wells are ALL STILL THERE… nobody has to drill anything…So now the question; is current US supply being reduced due to Covid policies or Democrat ESG (Extremely Stupid Girls) policies?The number of drilled but uncompleted wells (DUCs) continues to build across the U.S., rising nearly 60% over the past two years. Consequently, this is creating an unprecedented backlog of oil and gas production that could add a new wave of supply.Why Rising DUC Count Is Creating Oil & Gas Supply Concerns https://t.co/iSRxFmbjE6 | by @OpportuneLLP— Energy & Environment (@Energy_Alerts) February 5, 2019

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