Oil and Gas Production Costs Are High

There are steps that the bide administration could take to make oil production easier and ease prices at the pump. Cato's gabrielo beaumont smith details one vital input for oil and gas production that costs more than it should. Joe byden would like to bring down gas prices. It's caused him quite a bit of political pain. Gas prices are high because ef i'm pretty simple, economic supply and demand. Demand is very high and tend the supply isn't really there to meet the demand. These companies are not willing to do that because theyare not sure that they'll see a return on their investment.