Under Trump U.S. Crude Oil Production Drop for 2020 was the Largest on Record!

Under Trump U.S. crude oil production fell by 8% in 2020, the largest annual decrease on record!!! Enjoy that FREE Market $100 Oil Price!!! Just like Texans paying $17,000 for 4 days worth of FREE Market Electricity! (Ouch)!

Because of COVID, wells were capped because demand was falling and the price was stable. Now, prices are going up because OPEC has decreased production and the US isn't making up the difference due to Biden's shortsighted policies. Guess that's on him.
 
Under Trump U.S. crude oil production fell by 8% in 2020, the largest annual decrease on record!!! Enjoy that FREE Market $100 Oil Price!!! Just like Texans paying $17,000 for 4 days worth of FREE Market Electricity! (Ouch)!

How much do Biden and Harris want US crude production to decrease?
Record Increase in US Oil Production under Obama / Biden!!!
Record Decrease in US Oil Production under Trump / Pence!!!

The record increase under Obama/Biden occurred on STATE land, Obama was actually trying to cut production and failed.
 
Under Trump U.S. crude oil production fell by 8% in 2020, the largest annual decrease on record!!! Enjoy that FREE Market $100 Oil Price!!! Just like Texans paying $17,000 for 4 days worth of FREE Market Electricity! (Ouch)!

How much do Biden and Harris want US crude production to decrease?
Record Increase in US Oil Production under Obama / Biden!!!
Record Decrease in US Oil Production under Trump / Pence!!!

dishonest presentation of information.
 
Under Trump U.S. crude oil production fell by 8% in 2020, the largest annual decrease on record!!! Enjoy that FREE Market $100 Oil Price!!! Just like Texans paying $17,000 for 4 days worth of FREE Market Electricity! (Ouch)!

How much do Biden and Harris want US crude production to decrease?
Record Increase in US Oil Production under Obama / Biden!!!
Record Decrease in US Oil Production under Trump / Pence!!!

dishonest presentation of information.

That's what he does best.
 
The record increase under Obama/Biden occurred on STATE land, Obama was actually trying to cut production and failed.

Domestic oil production increased under Obama from 4 million bpd to 9 million bpd.. because oil prices were high producers borrowed money for rigs, exploration and drilling.
 
And he had zero to do with it.

No president does. You don't seem to know much about the oil business. If the ppb goes too low US producers go out of business. We have the highest lift costs in the world. In 1985 Papa Bush begged OPEC to raise the price of oil because US producers were in dire straights.
 

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