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Caribbeans

(994 posts)
Wed Dec 20, 2023, 05:41 AM Dec 2023

CNN: The United States is producing more oil than any country in history


Despite claims that President Biden has waged a war on American energy, the United States is pumping record amounts of oil.

The United States is producing more oil than any country in history

Matt Egan | CNN | December 19, 2023

As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that. Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to produce more oil than any country has in history.

The United States is set to produce a global record of 13.3 million barrels per day of crude and condensate during the fourth quarter of this year, according to a report published Tuesday by S&P Global Commodity Insights.

Last month, weekly US oil production hit 13.2 million barrels per day, according to the US Energy Information Administration. That’s just above the Donald Trump-era record of 13.1 million set in early 2020 just before the Covid-19 crisis sent output and prices crashing.

That’s been helping to keep a lid on crude and gasoline prices.

US output – led by shale oil drillers in Texas and New Mexico’s Permian Basin – is so strong that it’s sending supplies overseas. America is exporting the same amount of crude oil, refined products and natural gas liquids as Saudi Arabia or Russia produces, S&P said. ..more
https://www.cnn.com/2023/12/19/business/us-production-oil-reserves-crude/index.html

Because





Now why would the US want to change -that is until it HAS TO

And people wonder why Germany has a hydrogen infrastructure and the US is a global H2 laughingstock

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CNN: The United States is producing more oil than any country in history (Original Post) Caribbeans Dec 2023 OP
When China was investing in Solar Energy here's the "Leader of the Free World" talking about the future of US energy Caribbeans Dec 2023 #1
make no mistake.... mike_c Dec 2023 #2

Caribbeans

(994 posts)
1. When China was investing in Solar Energy here's the "Leader of the Free World" talking about the future of US energy
Wed Dec 20, 2023, 05:57 AM
Dec 2023

mike_c

(36,340 posts)
2. make no mistake....
Wed Dec 20, 2023, 11:28 AM
Dec 2023

People will sell their grandmothers to pump every last drop of petroleum from the ground.

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