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BumRushDaShow

(150,475 posts)
8. The U.S. has been pumping out a record amount for the past year
Thu Apr 3, 2025, 12:05 PM
Apr 3

and has still been cranking out over 13 million (with an "m" ) bbls/day!


(green line is total, all fields)

https://peakoilbarrel.com/us-august-oil-production-another-record-high/

They are gonna glut the market - especially if 45 doesn't believe that we are already pumping out a record amount per day.

Because. Drill Baby Drill. Bizarro World.

I remember stumbling on this video that tracked the global crude production (using bar charts) from 1970 - 2024 and the changes are fascinating! We overtook Saudi in 2014 and haven't looked back since (much to the chagrin of environmentalists and climate scientists).



(we are also the largest LNG producer in the world - https://www.eia.gov/todayinenergy/detail.php?id=64844#)

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