Big Oil CEO Admits Truth on TV – Inflation Bill will Kill Small O&G

Earlier this week MDN told you that some Marcellus/Utica operators were singing the praises of the Manchin-Schumer Keep Inflation High bill (see Some M-U Companies Like Manchin-Schumer High Methane Tax). We told you those in favor of the bill like it because (a) they think it won't affect their operations, and (b) they think it will shut down some of their smaller competitors, letting them buy them out. The CEO of Pioneer Natural Resources, one of the biggest independent operators in the country, said much the same thing as we did. Only he said it in an interview on television.

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