Anonymous wrote:Refinery capacity is the most significant bottleneck affecting supply at the moment. Capacity dropped between 730,000-1,000,000 barrels a day since 2020 as the result of the closure of six facilities due age, lack of profitability, environmental issues or other factors. Obviously that’s the fault of … checks notes … Biden, sho took office in January 2021.
The US can’t drill its way out of the current market imbalance regardless of how much oil is released from the strategic reserve or capacity brought back online by OPEC. Americans need to find ways to conserve.
Anonymous wrote:Refinery capacity is the most significant bottleneck affecting supply at the moment. Capacity dropped between 730,000-1,000,000 barrels a day since 2020 as the result of the closure of six facilities due age, lack of profitability, environmental issues or other factors. Obviously that’s the fault of … checks notes … Biden, sho took office in January 2021.
The US can’t drill its way out of the current market imbalance regardless of how much oil is released from the strategic reserve or capacity brought back online by OPEC. Americans need to find ways to conserve.
Anonymous wrote:
What a misleading graphic.
Trump entered office after Obama.....and we know Obama was not a fan of big oil.
He increased the production of oil, which does not occur instantaneously.
According to the US Energy Information Administration, this is the production: (annual thousand barrels/day)
2016: 8844
2017: 9357
2018: 10,941
2019: 12,289
2020: 11,283
2021: 11,188
https://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_a.htm
So, what I see is increasing production under Trump with a small dip the year of the pandemic.
And, I notice that Biden's first year in office didn't even equal the amount produced the worst year of the pandemic.
Anonymous wrote:Anonymous wrote:
What a misleading graphic.
Trump entered office after Obama.....and we know Obama was not a fan of big oil.
He increased the production of oil, which does not occur instantaneously.
According to the US Energy Information Administration, this is the production: (annual thousand barrels/day)
2016: 8844
2017: 9357
2018: 10,941
2019: 12,289
2020: 11,283
2021: 11,188
https://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_a.htm
So, what I see is increasing production under Trump with a small dip the year of the pandemic.
And, I notice that Biden's first year in office didn't even equal the amount produced the worst year of the pandemic.
So you are saying trump controlled the US oil industry? I love when conservatives think the US president sits in his office and controls each section of the economy. Bet trump picked up the phone and called the guy in charge oil production. After a lengthy and in-depth phone Conversation trump orders oil production to be 0.8% of last years numbers during a pandemic…..![]()
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Anonymous wrote:
What a misleading graphic.
Trump entered office after Obama.....and we know Obama was not a fan of big oil.
He increased the production of oil, which does not occur instantaneously.
According to the US Energy Information Administration, this is the production: (annual thousand barrels/day)
2016: 8844
2017: 9357
2018: 10,941
2019: 12,289
2020: 11,283
2021: 11,188
https://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_a.htm
So, what I see is increasing production under Trump with a small dip the year of the pandemic.
And, I notice that Biden's first year in office didn't even equal the amount produced the worst year of the pandemic.