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 hes 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. Thats 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.
Thats been helping to keep a lid on crude and gasoline prices.
US output led by shale oil drillers in Texas and New Mexicos Permian Basin is so strong that its 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