So this is the state of our world.

[B. Kidd]

Yet this person raised a question that reflects a belief I have seen expressed many times. That is that President Trump made us energy independent, and now under President Biden we have lost that energy independence. Once again, the truth requires a bit more discussion.

Is The U.S. Energy Independent?

Did we lose our energy independence under President Biden? It's complicated.

www.forbes.com

“Annual crude oil production generally decreased between 1970 and 2008. In 2009, the trend reversed and production began to rise, and in 2019, U.S. crude oil production reached a record high of 12.25 million barrels per day. More cost-effective drilling and production technologies helped to drive the production increases, especially in Texas and North Dakota. U.S. crude oil production declined to about 11.31 million barrels per day in 2020. A large drop in U.S. petroleum demand in March and April 2020 as a result of the response to the Covid-19 pandemic led to a decrease in U.S. oil production.”

So, in 2009 we began the march to energy independence. Those wishing to credit President Trump for this need to take another look at that net imports graphic to grasp the full picture.

But we don’t actually know if, once the full year of 2021 has been accounted for, we lost our energy independence for the year. If it turns out that we did, the single largest factor in that will be that oil and natural gas production have yet to return back to pre-Covid-19 levels. But demand has recovered, and therein lies the reason.

Except that we had gained energy leverage BEFORE the Pandemic took hold.

 

[BlindBoo]

Except that we had gained energy leverage BEFORE the Pandemic took hold.

That fact is almost meaningless. In the real world it didn't equate to lower oil or gas prices.

 

[B. Kidd]

That fact is almost meaningless. In the real world it didn't equate to lower oil or gas prices.

You serious?
Compare gas prices under 'The Donald' to gas prices , even before Russia tossed the first missile into the Ukraine!!

 

[BlindBoo]

You serious?
Compare gas prices under 'The Donald' to gas prices , even before Russia tossed the first missile into the Ukraine!!

The world wide oil industry was upended by the world wide pandemic in 2020, not Joe Bidens EO's in 2021. Those have yet to effect production.

 

[B. Kidd]

The world wide oil industry was upended by the world wide pandemic in 2020, not Joe Bidens EO's in 2021. Those have yet to effect production.

So you support Joey's continued war on fossil fuels that put money in Vlad's pocket.

Thanks for playing.

 

[Rambunctious]

Biden's EO didn't shut down any active drilling site or cancel any drilling permit. It paused the permitting process. It was the first pause to be reversed and new permits have been handed out all year.

Federal Drilling and Fracking Update: Biden Promised a Ban - He's Doing the Opposite

White House has failed to use legal authority to halt new oil and gas extraction on public lands

www.foodandwaterwatch.org

Biden shut off oil drilling..... fracking and oil exploration on public land and the off shore leases that Trump allowed last year which are full of oil...don't try and pull this BS we were all watching him do it....he also shut down a pipeline called the keystone pipeline...now giving what I told you about oil being a global commodity what do you suspect these actions did to the supply of and the cost of oil around the world?...
Jesus dude...all you lib bastards have been doing is bashing Trump for everything...he gave us the best economy of my lifetime and you threw it all away because of mean tweets...now look where we are at...damn it wake up....

 

[Rambunctious]

The world wide oil industry was upended by the world wide pandemic in 2020, not Joe Bidens EO's in 2021. Those have yet to effect production.

FUCKING WRONG!!!! when did gas prices at the pump go up...during covid or after Biden's first month in office?....be honest for a change....

 

[BlindBoo]

Biden shut off oil drilling..... fracking and oil exploration on public land and the off shore leases that Trump allowed last year which are full of oil...don't try and pull this BS we were all watching him do it....he also shut down a pipeline called the keystone pipeline...now giving what I told you about oil being a global commodity what do you suspect these actions did to the supply of and the cost of oil around the world?...

Biden didn't shut down drilling and the incomplete pipeline was not pumping any oil. No effect on the supply or production of US oil.

July 13, 20219:19 AM ET
THE ASSOCIATED PRESS

BILLINGS, Mont. — Approvals for companies to drill for oil and gas on U.S. public lands are on pace this year to reach their highest level since George W. Bush was president, underscoring President Joe Biden's reluctance to more forcefully curb petroleum production in the face of industry and Republican resistance.
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year, according to an Associated Press analysis of government data. That includes more than 2,100 drilling approvals since Biden took office January 20.

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

The environmentalist are not to happy with Uncle Joe.