When will America go bust?

[YoursTruly]

There are different grades of oil, and thus, those different grades require different refining.

Our refining capacity is set up to refine a lot of the type of oil which isn't the most plentiful here currently. It used to be, but we have moved to the other type that we extract now.



We import the oil that our refineries use, and export the type of oil that we don't have capacity to refine.

We've never produced enough oil to sustain ourselves. We use about 19 to 20 million barrels per day. And only produce about 14 mbpd.

 

[leftwinger]

8 years of Obama and 4 of Biden. 12yrs total.
vs 4.8 years of Trump.

Trump still spent more than Biden in those 4 years. And averaged almost double what Obama spent.
Obama spent $8 trillion in 8 years. Trump spent $8 trillion in just 4 years.

Man made Flu is on Congress, on DEMs in blue states, the media, fauchi, China. It was another coup. Nothing to do with Trump. Hands were tied and basically forced in that sheeaaat show.//

Last time I school you on this topic you verminous TDS phony lout. Next tIme you try I post only "lying stain" and you are 100% labeled Stain.//


Preview: "LYING STAIN"

 

[leftwinger]

We've never produced enough oil to sustain ourselves. We use about 19 to 20 million barrels per day. And only produce about 14 mbpd.

Thankyou blue dems caving to phony green. Drilling takes a while to ramp up. Everybody operating in panic mode to get shut off in the middle of operations by dirty DEM scum.

 

[leftwinger]

8 years of Obama and 4 of Biden. 12yrs total.
vs 4.8 years of Trump.

Trump still spent more than Biden in those 4 years. And averaged almost double what Obama spent.
Obama spent $8 trillion in 8 years. Trump spent $8 trillion in just 4 years.

LYING STAIN

 

[g5000]

We've never produced enough oil to sustain ourselves. We use about 19 to 20 million barrels per day. And only produce about 14 mbpd.

Actually, we produce about the same amount of oil per day as what we use.

We have been energy independent for a few years now, with a record of production set in 2024.

Here are two things the cult-over-country crowd chose to be willfully blind to rather than crow about the fantastic news as they would have if a certain orange boi king was in office:

U.S. Oil Production Hits Record High, Set to Remain Dominant​

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

.

 

[YoursTruly]

Actually, we produce about the same amount of oil per day as what we use.

We have been energy independent for a few years now, with a record of production set in 2024.

Here are two things the cult-over-country crowd chose to be willfully blind to rather than crow about the fantastic news as they would have if a certain orange boi king was in office:

U.S. Oil Production Hits Record High, Set to Remain Dominant​

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

.

Sources and Context​

• Production: EIA's October 2025 Short-Term Energy Outlook (STEO) projects 13.5 million bpd, up from earlier 2025 estimates of 13.4–13.6 million bpd. Actual July output hit 13.6 million bpd, the highest on record.
• Consumption: EIA forecasts hold steady at 20.4 million bpd for 2025, with slight increases to 20.5 million bpd in 2026. This aligns with April 2025 STEO data and historical trends showing transportation as the dominant sector (68% of total).

We're still 7 mbpd short, using more than we produce.

 

[YoursTruly]

Thankyou blue dems caving to phony green. Drilling takes a while to ramp up. Everybody operating in panic mode to get shut off in the middle of operations by dirty DEM scum.

Drilling was going on before Trump took office. FFS, the boom cycle started 2023.

Trump is going to be lucky to get out of this presidency without the bust cycle starting. They're coming more sooner than later now. If it starts again next year, or even 2027, we're still going to see $4 gallon gas under Trump.

 

[leftwinger]

After 2016 Coup, Flu launch, J6 and stolen 2020, nothing is normal. Nothing to do with Trump or us regular Americans. See worthless Congress. They were a big part of it all.

 

[YoursTruly]

After 2016 Coup, Flu launch, J6 and stolen 2020, nothing is normal. Nothing to do with Trump or us regular Americans. See worthless Congress. They were a big part of it all.

Geezus,,,, None of it was Trumps fault..<<<<<The typical Trump supporter reaction to everything.

 

[krichton]

I'm honestly curious why you thought a man who proclaims himself to be the "king of debt" would be the one to reduce the national debt.

 

[KissMy]

We've never produced enough oil to sustain ourselves. We use about 19 to 20 million barrels per day. And only produce about 14 mbpd.

The gap is made up by US GTL natural gas to liquids. This is why NG & Electricity rates have exploded over the last 15 years.

 

[KissMy]

US Mint Presses its Final Penny Yesterday as Inflation Caused Production to Come to an End​

Marriot Hotels go Bankrupt during the busiest holiday season of the year under Trumps Great MAGA Economy.

 

[Stryder50]

We've never produced enough oil to sustain ourselves. We use about 19 to 20 million barrels per day. And only produce about 14 mbpd.

BULLSHYTE !!!

The USA has been drilling and producing petroleum for @ 165 years now. During most of that time we not only produced enough for our needs, but also to export. Only recent decades, and due to government~environment regulations/constraints have we had shortfall to demand, and that has been sporadic.

In World War Two we shipped millions of barrels of POL = Petrol, Oil, Lubricants around the world to our own militaries and those of many of our Allies. Just as one example. BTW, nearly all plastics and other synthetic materials are produced from petroleum.

Thanks for self-demonstrating the decline of American education, especially in science and history.

BTW "never produced enough" is either ignorance or a lie, but I suspect both apply in your case = ignorant liar
....
The Drake Well is a 69.5-foot-deep (21.2 m) oil well in Cherrytree Township, Pennsylvania, the success of which sparked the first oil boom in the United States. The well is the centerpiece of the Drake Well Museum located 3 miles (5 km) south of Titusville.

Drilled by Edwin Drake in 1859, along the banks of Oil Creek, it is the first commercial oil well in the United States. Drake Well was listed on National Register of Historic Places and designated a National Historic Landmark in 1966. It was designated a Historic Mechanical Engineering Landmark in 1979. The well was designated a National Historic Chemical Landmark in 2009, on the sesquicentennial of the strike.

The Drake Well is often referred to as the first commercial oil well, although that title is also claimed for wells in Azerbaijan, Ontario, West Virginia, Myanmar, Persia, Arabia, Sichuan and Poland.

In the United States before the Drake Well, oil-producing wells were wells that were drilled for salt brine, and produced oil and gas only as accidental byproducts. An intended drinking water well at Oil Springs, Ontario found oil in 1858, a year before the Drake Well, but it had not been drilled for oil. Historians have noted that the importance of the Drake Well was not in being the first well to produce oil, but in attracting the first great wave of investment in oil drilling, refining, and marketing:

The importance of the Drake Well was in the fact that it caused prompt additional drilling, thus establishing a supply of petroleum in sufficient quantity to support business enterprises of magnitude.<a href="Drake Well - Wikipedia"><span>[</span>2<span>]</span></a>

Drake Well - Wikipedia

en.wikipedia.org

 

[YoursTruly]

BULLSHYTE !!!

The USA has been drilling and producing petroleum for @ 165 years now. During most of that time we not only produced enough for our needs, but also to export. Only recent decades, and due to government~environment regulations/constraints have we had shortfall to demand, and that has been sporadic.

You're going back to ancient history to find a time when we produced more than we use? Great, you win the history award.. Or better yet, the semantics award.
That changes nothing. We are NOT energy independent and haven't been for as long as any of us have been alive. It's a lie told by Trump and his minions.

And why would they even lie about that?

 

[Stryder50]

You're going back to ancient history to find a time when we produced more than we use? Great, you win the history award.. Or better yet, the semantics award.
That changes nothing. We are NOT energy independent and haven't been for as long as any of us have been alive. It's a lie told by Trump and his minions.

And why would they even lie about that?

Sorry 'Charlie' but @ 165 years ago is not "Ancient History" to most Educated Historians, rather is more recent.
As I said, you prove you are far from 'educated'. !!!

"We" = USA have been energy independent all along, when we have chosen to be so and not self-imposed regulations and constraints to prohibit such.

Note also that so long as you inject the broad descriptive of "energy independent" you are not limiting the subject to just petroleum but can include others like hydro, solar, wind, etc. - In which case the USA has had the option for 'energy -independence' whenever we have chosen to be such sans regulatory restraints.

Guessing you've been alive less than two decades since you have a very short memory and even within that small range you would be inaccurate, in error, and display gross stupidity.

Your delusions and stupidity may not change, but those of us in reality and who have objective knowledge of current and past conditions know you are in error and grossly stupid to boot.*

Historical record and it's accuracy changes everything in regard to the lies, distortions, and inaccuracies you are trying to foist upon others as the ignorant, stupid and dumb arse you are !!!

Give it a rest, dunce, you haven't an accurate or honest clue what you are talking about !

* Go back to kindergarten and start over since it's clear you have neither learned nor retained any real knowledge since the time you were five years old.

 

[YoursTruly]

Sorry 'Charlie' but @ 165 years ago is not "Ancient History"

It's close enough. Try to keep up. At least stay in this decade or two.

 

[Stryder50]

It's close enough. Try to keep up. At least stay in this decade or two.

How about you gain perspective and a grasp on reality.
Give up your looney-tunes Leftist delusions.

 

[YoursTruly]

How about you gain perspective and a grasp on reality.
Give up your looney-tunes Leftist delusions.

How about you address the topic and stop trying to change the subject. And get with the times. You're precious GOP outspend the democrats now. And have been since Reagan.

There is no fiscal sanity in the GOP anymore. In fact, their own platform doesn't even mention balanced budgets or massive spending cuts anymore.

As far as oil goes, the fact still stands, we use millions more barrels pd than we produce. So regardless of how things were 100+ yrs ago, what's going on now is what needs to be addressed.

 

[Stryder50]

How about you address the topic and stop trying to change the subject. And get with the times. You're precious GOP outspend the democrats now. And have been since Reagan.

There is no fiscal sanity in the GOP anymore. In fact, their own platform doesn't even mention balanced budgets or massive spending cuts anymore.

As far as oil goes, the fact still stands, we use millions more barrels pd than we produce. So regardless of how things were 100+ yrs ago, what's going on now is what needs to be addressed.

From your post # 61 here;
"We've never produced enough oil to sustain ourselves. ... "

All I did was point out that using the term "never" was very inaccurate.
And it either displayed ignorance or dishonest intent.
Your choice which should apply.
However, like most shit for brains Libturd Leftists you decide to have a hissy fit and go all uncivilized for having your error (or lie) pointed out.
Leaves me and others to assume both apply; your ignorance and your lying.

I was addressing the topic, your error!
You are the one deflecting and shifting goal posts, etc.
Poor job of CYA and proof of your incompetence.

 

[KissMy]

As far as oil goes, the fact still stands, we use millions more barrels pd than we produce. So regardless of how things were 100+ yrs ago, what's going on now is what needs to be addressed.

We are a net exporter. The US produces 21.2 million barrels of oil per day.

Our conventional well & fracking wells flow 13.8 million barrels of oil per day + we produce 7.4 million barrels per day of oil, gasoline & diesel from Natural Gas with Natural Gas Plant Liquids (NGL)