White House Adviser Hochstein on SPR Release, Well Leases, OPEC

The video discusses the impact of the Ukraine war on energy prices and the U.S. government's response, including the release of oil from the Strategic Petroleum Reserve. It covers the complexities of oil production, the role of oil companies, and geopolitical dynamics involving OPEC and Saudi Arabia.

What evidence is there regarding companies hoarding leases and their impact on production?

What challenges do oil companies face in increasing production despite high prices?

How does the U.S. government plan to incentivize oil companies to increase production?

What was the President's stance on the relationship with Saudi Arabia regarding oil production?