The global surge in oil prices created by Russia’s military action in Europe and the subsequent sanctions placed on its oil exports would seem to present a huge opportunity for US producers. So why isn’t shale oil responding to higher prices with increased production?  Presented by @CME Group: https://www.cmegroup.com/openmarkets/openmarkets-the-economists/2022/Four-Complex-Supply-Chain-Challenges-To-Just-In-Time-Delivery.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights