Chris Wright: “They, Shell an example, invest tens of billions of dollars…”

“They're not putting any of these profits into more production, are they? Oh, they are. They said they're not doing more production because they don't know how long the war is going to last. They, Shell an example, invest tens of billions of dollars every year in drilling new oil and gas wells. and expl. So if you tax something, you get less of it. And I think getting less of energy is not a good strategy. And if you look at historical records.” (02:39–02:47)

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