Bloomberg Quicktake's video: As Oil Prices Surge What s Holding Back US Producers

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 Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake