The U.S. Is Pumping Oil Faster Than Ever

Fracking on private property.

Meanwhile, Biden like Øbama before him, keeps putting federal lands out of bounds for fracking.
 
Well we could pump 100000 times the oil but wed allow alot of it to be shipped away. If we have a need for more then why not keep more here? There is no labor shortage contributing to inflation. That's a complete bunch of garbage. If you are america first you are an advocate for keeping and refining more here on our shores.
 
Due to increased fracking, which Barry opposed, Simp.

Production doubled because the PPB went up to make it profitable. Everyone borrowed money and started drilling.

Fracking is used on existing wells.
 
I suspect that most of the production capability was already in place when Biden took over.

You don't just sink a well in a day and turn on the oil the next.

It's quite a process. Years in most instances.

So giving Biden credit is somewhat challenging.

Recall, at one point, he had to turn on the SOR to get prices to stabalize.

That was until additional production incomplete and permitted could get going.
 
So what is the answer to lowering gas prices if we pump more but ship it away? And you cannot say we don't have enough workers. That's garbage.
 

Forum List

Back
Top