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Funny, America can’t do what it did when Trump was President now that Democrats are in charge. I have to agree.
And here we are 2 years later and Joe has sanctions on US oil productionThe peak of US oil production in 2020 was about 1.5 million more bpd than it is now. That is a long way from 7 million bpd.
Imports by the U.S. of Russian oil have grown over the last several years, but have declined since this past summer. Energy imports from Russia rose steadily from 14 million barrels a year to 72 million between 2016 and 2021, with a temporary dip in 2020.
However, Russian crude oil imports were in decline throughout the second half of 2021. After a peak of 9.6 million barrels in August (5 percent of total U.S. imports), imports fell steadily to 3 million barrels by December (1.5 percent of total imports).
Here’s where US oil and gas supplies come from
Russia is one of dozens of countries that supply oil and natural gas to the United States, which gives the U.S. some flexibility in banning the country’s exports over its invasion of Ukraine.…thehill.com
This from the moron that does not understand the "Demand" side of supply and demand.
You are literally wrong on every topic
And here we are 2 years later and Joe has sanctions on US oil production
Cool then cutting off Russian oil should have a 1.5% of a price impact on gas, and the rest is on FJB.
Taxes, meathead.Supply..and demand, Penguin Boy.
You alt-righties just love making shit up to get outraged about.
You and your ilk have turned into a special kind of cancer.
It just stuns me that people are woefully ignorant of the processes and are just looking to make a political bludgeon out of this.Oil of a global commodity and is sold on a global market. how can you people not know this?
It just stuns me that people are woefully ignorant of the processes and are just looking to make a political bludgeon out of this.
$130 a barrel why?We are up 1.6 million BPD since Biden took office. At the current rate of growth we will top our record in Nov of this year.
Then what will you find to whine about?
$130 a barrel why?
Because Democrats have sanctions on American oil.
Tell Biden to end the sanctions on American oil, Commie.Because oil is a global commodity. We are not the only ones using it.
And yet, we are up 1.6 million BPD since Biden took office. At the current rate of growth we will top our record in Nov of this year. Probably sooner since the oil companies have said they will increase production even more now .
What lie about sanctions on American oil are you going to tell when there is more oil being produced in the US under Biden than under Trump?
Reminder: The U.S. is sitting on roughly a third of a TRILLION barrels of oil and about 3,000 TRILLION cubic feet of natural gas … so we should probably get at that if we want to see prices drop.Because oil is a global commodity. We are not the only ones using it.
And yet, we are up 1.6 million BPD since Biden took office. At the current rate of growth we will top our record in Nov of this year. Probably sooner since the oil companies have said they will increase production even more now .
What lie about sanctions on American oil are you going to tell when there is more oil being produced in the US under Biden than under Trump?
Reminder: The U.S. is sitting on roughly a third of a TRILLION barrels of oil and about 3,000 TRILLION cubic feet of natural gas … so we should probably get at that if we want to see prices drop.
