Having a vertically integrated upstream e&p is way more sexy on paper.
This is American oil from American soil. The story of the 760,000 stripper wells supporting small communities around the US.
Mom and pops, the grey hairs, the wizards, the last of a great generation:
It’s nice to see them have a day.
You do realize they had more oil revenues in March and April this year than all of 2019? They used to be exporting 400k per day under sanction pre covid and didnt collapse. They can export more out of the jacks terminal outside of the straight than they did in 2018 and 2019 through Kharg island. This is not imminent