The U.S. Is Pumping Oil Faster Than Ever

[The5thHorseman]

I am an american and I can not afford these prices

Take it up with the people holding your money

 

[surada]

Try this on for size. Name even one thing Biden did to cut gasoline prices!!!

Oil firms are fighting hard to negate the damage done by Biden.

US oil companies are going for stability instead of boom and bust. Biden hasn't done any damage. The government doesn't run the US oil companies.

 

[surada]

explain

The president doesn't control the US oil companies.

 

[surada]

Inflation

Inflation is world wide.

 

[Faun]

okay, that I did not deny? So what was your point in the context of my comments?

The U.S. Is Pumping Oil Faster Than Ever

"More bullshit, we have tons of oil but we dont?"

 

[elektra]

The president doesn't control the US oil companies.

yes he does

 

[elektra]

Take it up with the people holding your money

right on mr brain

 

[elektra]

Facts are different from fee-fees...

Facts are demonstrable.

Like oil and gas production for example.

great, it will be nice when you present facts.

 

[elektra]

The U.S. Is Pumping Oil Faster Than Ever

"More bullshit, we have tons of oil but we dont?"

so? I walk faster than I used to but I walk in circles so faster means nothing

 

[elektra]

Inflation is world wide.

yes, because the people who print the money, print the money for the whole world

 

[AzogtheDefiler]

Inflation is world wide.

What’s the inflation in Japan?

 

[Nostra]

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.

How many bbls per day on Tater approved leases?

Watch this……

 

[Nostra]

The U.S. Is Pumping Oil Faster Than Ever

"More bullshit, we have tons of oil but we dont?"

How much on Tater approved leases?

 

[BlindBoo]

How much on Tater approved leases?

"One study found the world's largest oil and gas fields averaged 5.5 years from discovery to first production and took 17 years of production on average to reach peak output."

That's if the seismic survey finds the right structure to drill into. That is a process that can take a few years to complete too.

 

[Robert W]

US oil companies are going for stability instead of boom and bust. Biden hasn't done any damage. The government doesn't run the US oil companies.

Biden tried to shut down oil from Canada but forgot about tanker trucks and tanker railroad cars. The Feds control a lot oil still in the ground and even as far away as Canada.

 

[John Edgar Slow Horses]

Robert W's lies are quiet obvious. American oil is in good shape, so much better than under Trump, and pumping at all time highs.

 

[BlindBoo]

Biden tried to shut down oil from Canada but forgot about tanker trucks and tanker railroad cars. The Feds control a lot oil still in the ground and even as far away as Canada.

We import more oil from Canada than we ever did from SA.

Worst shut down in history.

U.S. Net Imports from Canada of Crude Oil (Thousand Barrels per Day)

 

[Nostra]

"One study found the world's largest oil and gas fields averaged 5.5 years from discovery to first production and took 17 years of production on average to reach peak output."

That's if the seismic survey finds the right structure to drill into. That is a process that can take a few years to complete too.

So none of this increase has anything to do with Tater.

Got it.

 

[BlindBoo]

So none of this increase has anything to do with Tater.

Got it.

Just like in 2019 when the Trumpyberra had nothing to do the the increase in Texas that put us over the legendary Energy Independence mark. Something that has only increased during Biden's presidency.

 

[surada]

How much on Tater approved leases?

Production numbers are up. So are rig counts. Most companies would rather not drill on Federal land.