Remember: Biden's guarantee: "I guarantee We Are Going To Get Rid of Fossil Fuels"

How much oil is the US producing right now?


12.40M

Basic Info. US Crude Oil Field Production is at a current level of 12.40M, up from 12.20M last week and up from 11.90M one year ago. This is a change of 1.64% from last week and 4.20% from one year ago.

US Crude Oil Field Production (I:USCOFP) - YCharts​


12.23 million barrels per day

U.S. crude oil production grew 11% in 2019, surpassing 12 million barrels per day. Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels. The 2019 growth rate was down from a 17% growth rate in 2018.

US crude oil production grew 11% in 2019 - EIA​

 
We are now producing MORE OIL than during Trump's best year. But the ******* OP wants to claim the oil industry has been destroyed by Biden, derpa.
 
What is the 2005 Energy Policy Act solar?


Encourages consumers to produce their own solar energy: Creates a 30-percent tax credit for the purchase of residential solar water heating, photovoltaic equipment, and fuel cell property. The maximum credit is $2,000 for solar equipment and $500 for each kilowatt of capacity (for fuel cells).

Impacts of the Energy Policy Act of 2005 Impacts of the Energy Policy ...

That Has NOTHING to do with the FACT that:
a) Today's electricity production is 4,165,030,000,000 kWh/year by 11,070 power plants with average of 376,244,806 kWh.
b) If 80% of cars/trucks are EVs the ADDITIONAL electricity needed will be 7,018,963,320,000 kWh per year.
c) The number of ADDITIONAL power plants needed to generate 7,018,963,320,000 kWh will be 18,655 new plants.
d) A new power plant costs $2,000/kWh to build or $14,037,926,640,000,000. OK OK... I concede I may be 90% wrong!
e) 14,037,926,640,000,000 x 10% right is $1,403,792,664,000,000 ! Where will $1.4 quadrillion that money come from?
f) There are 129,930,000 households divided into $1.4 Quadrillion is $10,804,223/ household. Do you have that kind of $$$s?

This is the reality. To provide 80% of all Cars/trucks electricity will require nearly 2 times the capacity generated today.
THAT is reality. NOT some government number because THEY CAN"T HANDLE $1.4 Quadrillion! Where will it come from?
 
Apparently some can do the math, and some never will here......~S~
 
We are now producing MORE OIL than during Trump's best year. But the ******* OP wants to claim the oil industry has been destroyed by Biden, derpa.
So what you are saying is that Biden is actually a foil for those evil oil companies by making this statement as a
"scare" tactic that the oil companies have used as a reason to raise GAS prices. Wow. That's pretty devious!
 
Back
Top Bottom