So, the SEC is mandating companies to issue forward looking statements, that have the potential to decrease enterprise value, based upon Global Climate Change nonsense?
Obviously, the exploration, production, and refining opportunities exist in 2nd World countries in Latin America, Africa, and South Asia.
Dems would rather import energy from other countries than to produce it domestically.
If I am a fossil fuel energy company in America, why would I waste limited capital to make future investments in a nation whose government wants to put them out of business? I'd return capital to shareholders or deploy capital in other countries.