Winco
Diamond Member
- Nov 1, 2019
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Surging U.S. Oil Production Brings Down Prices
- Thread starter g5000
- Start date
Tumblin Tumbleweed
Platinum Member
- Mar 16, 2015
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Adorable.Interesting how you automatically see my comment as being a regret about the affordability of maintenance for material possessions I chose to buy on my own accord that are absolutely none of anyone elses fucking business. So allow me to be crystal clear - I can most certainly afford to drive it.
- Banned
- #64
Sorry, but Biden and the Dem / Socialist greenies are a complete disaster.
Price Tag for Biden’s War on Oil and Gas
Oil prices are rising as U.S. production remains stunted from 2019 levels, despite prices 50 percent higher. Estimates are that…
www.instituteforenergyresearch.org
- Oil prices are rising as U.S. production remains stunted from 2019 levels, despite prices 50 percent higher.
- Estimates are that the United States has foregone between 1.2 and 3.5 billion barrels of oil due to Biden’s policies.
- Biden has made it costlier to develop domestic oil, while reducing costs on heavily subsidized renewable energy and coddling petro-states where he has looked to for increased supplies.
LeftofLeft
Diamond Member
- Oct 18, 2011
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Do you like low gas prices? I love them. Imagine how sustainable long~term this would be if the Harris-Biden Admin would ease the egregious regulatory policies vs. domestic oil companies?
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears (Published 2023)
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.www.nytimes.com
Let's go Brandon!
Only three years after U.S. oil production collapsed during the pandemic, energy companies are cranking out a record 13.2 million barrels a day, more than Russia or Saudi Arabia. The flow of oil has grown by roughly 800,000 barrels a day since early 2022, and analysts expect the industry to add another 500,000 barrels a day next year.
[snip]
With the surge in output, gasoline prices have fallen by close to $2 a gallon since the summer of 2022 and are back to levels that prevailed in 2021. The increase in production has also provided the Biden administration with substantial leverage in its dealings with oil-exporting foes like Russia, Venezuela and Iran while reducing its need to cajole more friendly countries like Saudi Arabia to temper prices.
[snip]
The United States now exports roughly four million barrels a day, more than any member of the Organization of the Petroleum Exporting Countries except Saudi Arabia.
[snip]
Nearly every extra barrel of American crude produced is being exported, mostly to Europe and Asia, where supplies are tight. In addition, the natural gas that often bubbles up with oil has led to record exports of gas and helped to lower prices for that fuel and for electricity, much of which is produced at gas-fired power plants in the United States.
The surge in U.S. production has helped to end the energy crisis that gripped Europe after Russia invaded Ukraine — at least for now. European countries have replaced much of the gas they were buying from Russia with gas from the United States, Qatar and other exporters. They have also reduced their use of natural gas, a phenomenon that a mild winter last year helped.
US oil production is the highest in history.
Inflation is dropping.
Food prices are dropping.
Oil prices are dropping.
We are at full employment.
Anyone who wants a job can get a job.
What is left for Trump supporters to whine about? Trannies?
Lesh
Diamond Member
- Dec 21, 2016
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H
Harpy Eagle
Guest
because the multinational companies that pump the oil want to. Do you support nationalizing the oil industry to stop this from happening?
beautress
Always Faithful
Good post, drudge X, and welcome to the boards at USMB.
I prefer paying $2.39 per gallon rather than $4.98. But yes, Trump not only gave us a better price at the pump, he prospered everyone with his caring to bring about a stellar prosperity for the American people every minute of his White House stay. God blessed him for blessing the American people. And yes, I might vote for him again if he cares to run after all the hell the deep state put him, his family and his staff through.
Lesh
Diamond Member
- Dec 21, 2016
- 83,151
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Another Kool Aid drinker speaksGood post, drudge X, and welcome to the boards at USMB.
I prefer paying $2.39 per gallon rather than $4.98. But yes, Trump not only gave us a better price at the pump, he prospered everyone with his caring to bring about a stellar prosperity for the American people every minute of his White House stay. God blessed him for blessing the American people. And yes, I might vote for him again if he cares to run after all the hell the deep state put him, his family and his staff through.
America first doesn't mean taking oil we could use and giving it away. If we drill it on our shores it should be available to americans.
Crepitus
Diamond Member
- Mar 28, 2018
- 94,090
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It's a simple question, why can't you answer it?
Interesting how you automatically see my comment as being a regret about the affordability of maintenance for material possessions I chose to buy on my own accord that are absolutely none of anyone elses fucking business. So allow me to be crystal clear - I can most certainly afford to drive it.
Independent thinker
Diamond Member
- Oct 15, 2015
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Glad you see that the Republican way is the correct way. Took you long enough to realize this.Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears (Published 2023)
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
Let's go Brandon!
Only three years after U.S. oil production collapsed during the pandemic, energy companies are cranking out a record 13.2 million barrels a day, more than Russia or Saudi Arabia. The flow of oil has grown by roughly 800,000 barrels a day since early 2022, and analysts expect the industry to add another 500,000 barrels a day next year.
[snip]
With the surge in output, gasoline prices have fallen by close to $2 a gallon since the summer of 2022 and are back to levels that prevailed in 2021. The increase in production has also provided the Biden administration with substantial leverage in its dealings with oil-exporting foes like Russia, Venezuela and Iran while reducing its need to cajole more friendly countries like Saudi Arabia to temper prices.
[snip]
The United States now exports roughly four million barrels a day, more than any member of the Organization of the Petroleum Exporting Countries except Saudi Arabia.
[snip]
Nearly every extra barrel of American crude produced is being exported, mostly to Europe and Asia, where supplies are tight. In addition, the natural gas that often bubbles up with oil has led to record exports of gas and helped to lower prices for that fuel and for electricity, much of which is produced at gas-fired power plants in the United States.
The surge in U.S. production has helped to end the energy crisis that gripped Europe after Russia invaded Ukraine — at least for now. European countries have replaced much of the gas they were buying from Russia with gas from the United States, Qatar and other exporters. They have also reduced their use of natural gas, a phenomenon that a mild winter last year helped.
US oil production is the highest in history.
Inflation is dropping.
Food prices are dropping.
Oil prices are dropping.
We are at full employment.
Anyone who wants a job can get a job.
What is left for Trump supporters to whine about? Trannies?
- Apr 11, 2023
- 45,997
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Had to get the Dems in office and the pretend MAGA rinos out to get production going the way it should, yes.
progressive hunter
Diamond Member
- Dec 11, 2018
- 68,048
- 42,798
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nah,, having to much fun watching to squirm and run away from things,,
progressive hunter
Diamond Member
- Dec 11, 2018
- 68,048
- 42,798
- 2,615
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears (Published 2023)
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
Let's go Brandon!
Only three years after U.S. oil production collapsed during the pandemic, energy companies are cranking out a record 13.2 million barrels a day, more than Russia or Saudi Arabia. The flow of oil has grown by roughly 800,000 barrels a day since early 2022, and analysts expect the industry to add another 500,000 barrels a day next year.
[snip]
With the surge in output, gasoline prices have fallen by close to $2 a gallon since the summer of 2022 and are back to levels that prevailed in 2021. The increase in production has also provided the Biden administration with substantial leverage in its dealings with oil-exporting foes like Russia, Venezuela and Iran while reducing its need to cajole more friendly countries like Saudi Arabia to temper prices.
[snip]
The United States now exports roughly four million barrels a day, more than any member of the Organization of the Petroleum Exporting Countries except Saudi Arabia.
[snip]
Nearly every extra barrel of American crude produced is being exported, mostly to Europe and Asia, where supplies are tight. In addition, the natural gas that often bubbles up with oil has led to record exports of gas and helped to lower prices for that fuel and for electricity, much of which is produced at gas-fired power plants in the United States.
The surge in U.S. production has helped to end the energy crisis that gripped Europe after Russia invaded Ukraine — at least for now. European countries have replaced much of the gas they were buying from Russia with gas from the United States, Qatar and other exporters. They have also reduced their use of natural gas, a phenomenon that a mild winter last year helped.
US oil production is the highest in history.
Inflation is dropping.
Food prices are dropping.
Oil prices are dropping.
We are at full employment.
Anyone who wants a job can get a job.
What is left for Trump supporters to whine about? Trannies?
Lesh
Diamond Member
- Dec 21, 2016
- 83,151
- 41,580
- 2,615
Clearly we do need to address climate change.
In the short term we are producing lots of oil.
Stop bitching
progressive hunter
Diamond Member
- Dec 11, 2018
- 68,048
- 42,798
- 2,615
so nothing on the topic,, got it,,
and no we dont need to do anything on climate change because its not real,,
Godboy
Diamond Member
- Dec 29, 2008
- 40,090
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Your chart only goes to 2020. How are you giving credit to Biden for Trumps increases in production?
Lesh
Diamond Member
- Dec 21, 2016
- 83,151
- 41,580
- 2,615
We need to NOT listen to morons like you
Lesh
Diamond Member
- Dec 21, 2016
- 83,151
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You’re not very good with charts are ya Dopeboy?Your chart only goes to 2020. How are you giving credit to Biden for Trumps increases in production?
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