With record-high gas prices and the market’s need for more supply, Tall City CEO Michael Oestmann says the company is working to increase daily production from 10,000 barrels to 20,000 by the end of the year.
"It's right here and it's good for America," Oestmann told FOX Business’ Lauren Simonetti. "It creates American jobs."
While Tall City’s private land can receive drilling permits in as quickly as 10 days, some of their Permian Basin neighbors on federal land are waiting anywhere from 9 to 12 months.
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