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The United States is now the largest global crude oil producer
Posted on 9/13/18 at 11:39 am
Posted on 9/13/18 at 11:39 am
quote:
The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.
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13
Posted on 9/13/18 at 11:41 am to AA77
Drill, baby, drill!!!
Posted on 9/13/18 at 11:42 am to AA77
This is both good and bad.
Posted on 9/13/18 at 11:44 am to AA77
Posted on 9/13/18 at 11:45 am to AA77
‘Member when dimocratix Jimmy Carter said we’d run out of oil by the end of the 1980s?
Posted on 9/13/18 at 11:48 am to AA77
Posted on 9/13/18 at 11:48 am to jlovel7
quote:
This is both good and bad.
Can you expound on why this is bad? Curious.
Posted on 9/13/18 at 11:48 am to HonoraryCoonass
Dems have been saying we’re 5 years away from running out of oil for at least 40 years.
Posted on 9/13/18 at 11:53 am to AA77
MAGA
Posted on 9/13/18 at 11:57 am to TigerFanatic99
quote:
Can you expound on why this is bad? Curious.
We should ultimately remove ourselves from our dependence on a finite resource. So good in the sense that we will reap economic benefits for America, which is great, but bad because that isn't sustainable forever and we'd be smart to harness sustainable energy in a way that it could replace our need for oil.
Posted on 9/13/18 at 11:57 am to SoFla Tideroller
Jaxon going to get a new pair of football cleats.
Posted on 9/13/18 at 12:01 pm to AA77
quote:
The United States is now the largest global crude oil producer
Well, baws, time for an upgrade.
This post was edited on 9/13/18 at 12:02 pm
Posted on 9/13/18 at 12:05 pm to jlovel7
Why not both?
There is no law stopping people from buying solar or wind energy. Or preventing companies in that industry from innovating like oil and gas did with horizontal drilling and fracing.
There is no law stopping people from buying solar or wind energy. Or preventing companies in that industry from innovating like oil and gas did with horizontal drilling and fracing.
Posted on 9/13/18 at 12:09 pm to jlovel7
quote:
We should ultimately remove ourselves from our dependence on a finite resource. So good in the sense that we will reap economic benefits for America, which is great, but bad because that isn't sustainable forever and we'd be smart to harness sustainable energy in a way that it could replace our need for oil.
Certainly but look at a place like the UAE and what they are doing with nothing but oil money. Its absurd to not take the current oil money when we can, and use the resources as best we can.
If the USA runs out of oil then everyone else is likely in the same boat as us. There are plenty of countries such as China that survive off of foreign oil.
Posted on 9/13/18 at 12:09 pm to jlovel7
quote:
bad because that isn't sustainable forever and we'd be smart to harness sustainable energy in a way that it could replace our need for oil.
Please explain why it isn't substainable with links to the true global supply of oil. PLease explain why we would be smart to go against sound economic princples and start using more expensive ways of creating eneregy.
Posted on 9/13/18 at 12:11 pm to TexasTiger89
quote:
MAGA
You gotta have your Trump blinders on and blatantly ignore available information if you think his presidency is why oil production is so high
Posted on 9/13/18 at 12:11 pm to baldona
quote:
Certainly but look at a place like the UAE and what they are doing with nothing but oil money. Its absurd to not take the current oil money when we can, and use the resources as best we can.
Definitely not arguing that we shouldn't reap the current existing benefits. Especially when in competition with other nations to stay ahead of them.
Posted on 9/13/18 at 12:14 pm to AA77
Regardless of anyone’s position on fossil fuels, it is better to be producers than consumers. Keep it going.
Posted on 9/13/18 at 12:16 pm to jlovel7
quote:
We should ultimately remove ourselves from our dependence on a finite resource. So good in the sense that we will reap economic benefits for America, which is great, but bad because that isn't sustainable forever and we'd be smart to harness sustainable energy in a way that it could replace our need for oil.
Lol. We arent running out of oil any time soon. By the time we do we will have perfected hydrogen fuel cells and other alternatives so it wont matter.
Posted on 9/13/18 at 12:24 pm to TheIndulger
quote:
You gotta have your Trump blinders on and blatantly ignore available information if you think his presidency is why oil production is so high
His administration’s policies being favorable to energy certainly helps. It’s not “why” oil production is high, but it certainly has a positive effect, or more importantly, not a negative effect as Obama did.
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