The U.S. Is Pumping Oil Faster Than Ever

[Nostra]

US oil is more expensive.

Thanks Tater.

 

[Nostra]

If you Leftards were not so ignorant you’d be Trump supporters.

How President Biden’s Executive Orders Impact The Oil Industry

When it comes to the impact on the oil industry, President Biden's recent executive orders weren't as scary as they looked.

www.forbes.com

You are about to get dragged down Fawnboi’s Rabbit Hole Of Semantic Dumbassery when it tries to explain how your link is wrong.

 

[Nostra]

LOL

The biggest problem they list is the Keystone XL pipeline. You know, a pipeline which never transported a drop of oil; was slated to export nearly all petroleum that would have gone through it; and was already shutdown while Trump was still president. Not to mention, that crude is produced in Canada, not the U.S. So that has no impact on U.S. production today.

After that was a 60-day suspension on new leases, which expired 2½ years ago. So that has no impact on U.S. production today.

As usual ... you swing ... and you miss.

See.

 

[Nostra]

9 pages of infantile hissy fits from conservatives over the fact that Biden will forever be known as "The Energy President". Record oil production, record wind+solar energy production.

ZERO barrels of oil from Tater signed oil leases, Dpsqueeze.

 

[Faun]

See.

 

[surada]

Thanks Tater.

US oil has always been more expensive than OPEC...

 

[ThisIsMe]

Drill, baby, drill!

The U.S. is pumping oil faster than ever. Republicans don’t care.​

​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.




This reality has not stopped dishonest Republicans from lying:


In one campaign ad, former Vice President Mike Pence pretends to fill his pickup truck and blames Biden’s energy policy for “causing real hardship” for Americans, while ex-South Carolina Gov. Nikki Haley has vowed to bring oil production back to the United States.

And Sen. Tim Scott (R.-S.C.) railed last month on the Biden administration, which he asserted “has shut down energy production in America.”

“Why won’t this President tap into our abundant energy resources here at home and bring down prices at the pump?” he asked.

In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

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

This says us crude production has been fairly level since around 2019.

However, it’s great we’re pumping so much oil, however, I’m not sure if we should praise Biden for good production….or question why the left is praising him for it, given their desire to end oil production…didn’t Biden promise “no more drilling”?

so….are the left now on board with US oil production?

 

[ScorpioRising007]

Drill, baby, drill!

The U.S. is pumping oil faster than ever. Republicans don’t care.​

​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.




This reality has not stopped dishonest Republicans from lying:


In one campaign ad, former Vice President Mike Pence pretends to fill his pickup truck and blames Biden’s energy policy for “causing real hardship” for Americans, while ex-South Carolina Gov. Nikki Haley has vowed to bring oil production back to the United States.

And Sen. Tim Scott (R.-S.C.) railed last month on the Biden administration, which he asserted “has shut down energy production in America.”

“Why won’t this President tap into our abundant energy resources here at home and bring down prices at the pump?” he asked.

In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

Yep the facts speak for themselves, Biden is doing a way better job than Trump ever did.

 

[Markle]

Drill, baby, drill!

The U.S. is pumping oil faster than ever. Republicans don’t care.​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.

This reality has not stopped dishonest Republicans from lying:

In one campaign ad, former Vice President Mike Pence pretends to fill his pickup truck and blames Biden’s energy policy for “causing real hardship” for Americans, while ex-South Carolina Gov. Nikki Haley has vowed to bring oil production back to the United States.

And Sen. Tim Scott (R.-S.C.) railed last month on the Biden administration, which he asserted “has shut down energy production in America.”

“Why won’t this President tap into our abundant energy resources here at home and bring down prices at the pump?” he asked.

In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

Typical distraction from the far left.

Earth to g5000, Earth to g5000. We derive energy from a number of sources. Plus, we may be producing more oil, but that oil is costing us more to mine.

So, how did we lose energy independence?​

Soon after Biden took office, the Energy Information Agency reported that the United States would begin importing more oil than it would export for 2021 and 2022. On January 27 of this year, Biden drafted an executive order largely affected the oil and gas industry. The order included the following guidelines:

• Halted new oil and gas leases on federal onshore lands such as national parks and offshore waters (however, this did not affect tribal lands)
• Directed the Secretary of the Interior to consider adjusting coal, oil and gas royalties to “account for corresponding climate costs” (i.e., the industry expected increased royalties)
• Suspended new leases, contracts, or drilling permits for at least 60 days
• Withdrew the permit for the Keystone XL pipeline

While the existing leases for companies to explore and/or drill for oil are still in existence, no new leases or permits will be given. The effect of this measure means that there are limited effects on existing lands where exploration and drilling takes place. It is expected that Americans won’t see the effects of this part of the executive order for up to ten years.

Because Biden directed the Secretary of the Interior to provide a comprehensive review of the climate impact of future oil and gas activity on public lands, companies are expecting new regulations, which are often costly to companies.

What Happened to the United States Being Energy Independent? - This Nation

As gas prices have reached a national average of $3.42 per gallon, consumers debate whether the United States was ever energy independent. Former President Trump argued in early 2020 that America had finally attained the goal of energy independence, while pundits on the left argued that America...

www.thisnation.com

 

[surada]

Typical distraction from the far left.

Earth to g5000, Earth to g5000. We derive energy from a number of sources. Plus, we may be producing more oil, but that oil is costing us more to mine.

So, how did we lose energy independence?​

Soon after Biden took office, the Energy Information Agency reported that the United States would begin importing more oil than it would export for 2021 and 2022. On January 27 of this year, Biden drafted an executive order largely affected the oil and gas industry. The order included the following guidelines:

• Halted new oil and gas leases on federal onshore lands such as national parks and offshore waters (however, this did not affect tribal lands)
• Directed the Secretary of the Interior to consider adjusting coal, oil and gas royalties to “account for corresponding climate costs” (i.e., the industry expected increased royalties)
• Suspended new leases, contracts, or drilling permits for at least 60 days
• Withdrew the permit for the Keystone XL pipeline

While the existing leases for companies to explore and/or drill for oil are still in existence, no new leases or permits will be given. The effect of this measure means that there are limited effects on existing lands where exploration and drilling takes place. It is expected that Americans won’t see the effects of this part of the executive order for up to ten years.

Because Biden directed the Secretary of the Interior to provide a comprehensive review of the climate impact of future oil and gas activity on public lands, companies are expecting new regulations, which are often costly to companies.

What Happened to the United States Being Energy Independent? - This Nation

As gas prices have reached a national average of $3.42 per gallon, consumers debate whether the United States was ever energy independent. Former President Trump argued in early 2020 that America had finally attained the goal of energy independence, while pundits on the left argued that America...

www.thisnation.com

Energy independence was a lie.

 

[Markle]

Energy independence was a lie.

In 2019, the United States became a net exporter of energy. In fact, according to the Wall Street Journal, the U.S. was the third-largest energy exporter in the world. This drove down prices for oil, gas, and natural gas, plus created 10 million jobs in domestic energy.

The Wall Street Journal went on to discuss that technological innovation – a meeting of minds between the private sector, colleges, and the Energy Department’s national laboratories – made this energy exportation possible. Add to that that President Trump lifted decades-old bans on oil exportation, and energy independence was achieved.

What Happened to the United States Being Energy Independent? - This Nation

As gas prices have reached a national average of $3.42 per gallon, consumers debate whether the United States was ever energy independent. Former President Trump argued in early 2020 that America had finally attained the goal of energy independence, while pundits on the left argued that America...

www.thisnation.com

 

[Markle]

IF my staunch President Biden supporters are right about their claims about Biden and energy production, WHY ARE PRICES FOR ALL ENERGY CONTINUING TO SKYROCKET?

Why are we no longer producing more energy than we consume?

 

[Faun]

Typical distraction from the far left.

Earth to g5000, Earth to g5000. We derive energy from a number of sources. Plus, we may be producing more oil, but that oil is costing us more to mine.

So, how did we lose energy independence?​

Soon after Biden took office, the Energy Information Agency reported that the United States would begin importing more oil than it would export for 2021 and 2022. On January 27 of this year, Biden drafted an executive order largely affected the oil and gas industry. The order included the following guidelines:

• Halted new oil and gas leases on federal onshore lands such as national parks and offshore waters (however, this did not affect tribal lands)
• Directed the Secretary of the Interior to consider adjusting coal, oil and gas royalties to “account for corresponding climate costs” (i.e., the industry expected increased royalties)
• Suspended new leases, contracts, or drilling permits for at least 60 days
• Withdrew the permit for the Keystone XL pipeline

While the existing leases for companies to explore and/or drill for oil are still in existence, no new leases or permits will be given. The effect of this measure means that there are limited effects on existing lands where exploration and drilling takes place. It is expected that Americans won’t see the effects of this part of the executive order for up to ten years.

Because Biden directed the Secretary of the Interior to provide a comprehensive review of the climate impact of future oil and gas activity on public lands, companies are expecting new regulations, which are often costly to companies.

What Happened to the United States Being Energy Independent? - This Nation

As gas prices have reached a national average of $3.42 per gallon, consumers debate whether the United States was ever energy independent. Former President Trump argued in early 2020 that America had finally attained the goal of energy independence, while pundits on the left argued that America...

www.thisnation.com

You idiot, we currently export more than we import...

 

[surada]

Nonsense. US production does not even match Trump, even though we have an additional 7 million illegals who need some gasoline....

View attachment 821810

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

Trump had nothing to do with oil production. Production doubled during the Obama administration... Not because of Obama, but because the PPB was very high and that drives investment in increased capacity.

 

[surada]

IF my staunch President Biden supporters are right about their claims about Biden and energy production, WHY ARE PRICES FOR ALL ENERGY CONTINUING TO SKYROCKET?

Why are we no longer producing more energy than we consume?

Lol we have never been energy independent. That was just another Trump lie. We use 20 million bpd and produce 12 million bpd .

We import 7-9 million barrels per day.

 

[surada]

Thanks Tater.

US oil has been more expensive than OPEC since OPEC began.

You all yap and yap, but you know nothing about the oil business.

 

[hadit]

Drill, baby, drill!

The U.S. is pumping oil faster than ever. Republicans don’t care.​

​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.




This reality has not stopped dishonest Republicans from lying:


In one campaign ad, former Vice President Mike Pence pretends to fill his pickup truck and blames Biden’s energy policy for “causing real hardship” for Americans, while ex-South Carolina Gov. Nikki Haley has vowed to bring oil production back to the United States.

And Sen. Tim Scott (R.-S.C.) railed last month on the Biden administration, which he asserted “has shut down energy production in America.”

“Why won’t this President tap into our abundant energy resources here at home and bring down prices at the pump?” he asked.

In fact, though, oil production from federal lands and waters has risen on Biden’s watch, reaching past 3 million barrels per day last year. The high mark during President Donald Trump’s term was 2.75 million barrels a day.

Did that happen because of or in spite of Quid Pro Joe? That's the question.

 

[Nostra]

US oil has been more expensive than OPEC since OPEC began.

You all yap and yap, but you know nothing about the oil business.

Gas was $2.36 when Tater took office, Simp.

Now it’s $3.83

 

[BlindBoo]

So, how did we lose energy independence?​

Soon after Biden took office, the Energy Information Agency reported that the United States would begin importing more oil than it would export for 2021 and 2022.

We didn't and are more energy independent now than in 2019 or 2020.

U.S. Imports & Exports

The propagandist have conflated our energy independence with our oil dependence. They're not really lying to you but they aren't telling you the truth. Since before Kennedy, we've been oil dependent. Every year we consume more oil than the US oil patch can produce, so we have to import oil. Energy independence comes from all petroleum products (as well as all other sources of energy). Our exports are greater than our import. Mostly because of LNG.

 

[BlindBoo]

Thank you, President Trump!

Nah, it's ......