Brandon policy changes has dropped oil production on the us by about 1 million barrels a year from 12 to 11 million.
Here’s a video from today where Fox goes over the claim they wrote for Biden to utter in a microphone. The videos goes over oil production with real sources in the fist couple of minutes. Oil production from the last part of Trump and before covid also.
It might but I am addressing in this post the inaccuracy of the opening post in trying to claim the difference between the previous high point in oil production and production now is due to Biden’s policies when it is not.
And new discoveries have been trending downward for some time, which is why I at the peril of being branded a communist will keep mentioning the limits to growth we are butting up against. Getting past those limits (if it is indeed possible to do so) requires a total rethink, not just “drill baby drill”.
Why haven’t we hit pre covid production yet? Seems like that should be the goal before lol companies start claiming that Biden is stifling their growth
because drillers are having a hard time raising capital to drill. after the banks got hurt when oil collapsed during covid they became reluctant to lend to drillers who had a long history of boom/bust cycles. they are still leery of drilling.
The fact that so many companies involved in oil production in the United States are zombie companies ought to be screaming out to people as to the silliness of the notion that all we have to do is drill baby drill.
The most hilarious part about green energy is that the vast majority of it comes from burning carbon materials into CO2, including rail ties, diapers, plastic, rubber chips, etc…
And that’s not even including the millions of tons of green wood being burned along with it.
Peak weekly US oil production 13.1 million barrels a day. So you are bragging about the US still being 2.2 million barrels a day below peak production.