This has been going on for a while,first coal, then oil and gas, are having a harder time finding capital to expand when markets are good. After the recent boom, anti-fraccing activism has been pushing against the financial sector to block capital availability. It's part of why oil drilling has not returned to pre-COVID levels, along with notable anti-oil actions by this administration. That will slow development, limiting it to internally raised capital for new drilling and completion operations where there are private leases or Federal ones held before Biden was sworn in.
What we need is a list of banks with these anti-energy policies, so we can move our funds to banks which lack them.
https://www.ogj.com/general-interest/economics-markets/article/14234388/tensions-grow-over-calls-to-restrict-financing-for-oil-gas-industry
