The United States is producing more oil than any country in history
The United States is producing more oil than any country in history
As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that. Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on tra...
As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that. Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to produce more oil than any country has in history.
The United States is set to produce a global record of 13.3 million barrels per day of crude and condensate during the fourth quarter of this year, according to a report published Tuesday by S&P Global Commodity Insights.
Last month, weekly US oil production hit 13.2 million barrels per day, according to the US Energy Information Administration. That’s just above the Donald Trump-era record of 13.1 million set in early 2020 just before the Covid-19 crisis sent output and prices crashing.
That’s been helping to keep a lid on crude and gasoline prices.
The planet isn't going to warm itself you know
If you're cold, they're cold (picture of icebergs)
;_;
Just Terraforming Alaska. Nothing to see here
I hate this fucking country sometimes.
Only sometimes?
I can't wait to get some kind of marketable skill so I can get the fuck out of this corporatized shithole sorry excuse of a country "for the people."
Yeah, "for the people" to work forever for an abusive master.
only ~9% of passenger cars in the US are EVs. so, as much as people may wish that oil production would suddenly just stop, it'll be around as long as demand is, and unless you want to pay $5+/gallon again while hearing people screech "ThAnkS BidEN!11!!!", well, this is what you get.
don't blame him, blame people buying ICEs and EV manufacturers charging so much for them.
mandate WFH wherever possible, institute generous EV tax rebates, etc etc
Calculate the difference in what it costs to maintain the highway system and what is brought in by the gas tax, and then charge that amount of money to every employer but offer them a tax credit that offsets this new tax if they can prove their Worker Works from home at least 90% of the time, and there will be Financial incentives for employees to report their employers for violating this rule
yes, there are things congress could do to greatly improve the situation, but that takes time. and, ya know, congress not wasting all their time trying to expel and elect another speaker or trying to distract the country from the Trump show with their own Biden revenge impeachment and actually doing their jobs.
as a side note, tax rebates are not very helpful when people need to wait until the end of the year (or the middle of the next) for their savings. why not instant tax rebates/saving at the time of purchase?
Oil production will not stop until we have alternatives to other items oils helps produce. I.e. plastics, latex, etc.
Edit: all of you saying it comes from trees might want to check again. Synthetic rubber is used as it can prevent allergic reactions from the natural protein of the plant. Also synthetic rubber is used a little more than natural rubber.
this is a more specific extension of what i was talking about, but that amount of oil used for that dwarfs in comparison to the amount burned as fule and isn't nearly as destructive to the environment.
but you're not wrong.
Personal passenger EVs won't do much to dent global climate change. Gotta build mass transit and rail shipping, and clean up the electricity grid.
Carnival Cruises (63 ships) emits as much as 300,000,000 cars, and electricity generation and shipping are even more insane. All transportation combined is only 27% of our emissions. And EVs still need a lot of oil for tires and asphalt.
EVs are definitely better than ICE, especially for local air quality, but for global climate they're like deleting a text file to clear up hard drive space, instead of looking at the 400GB rip of LOTR.
people may wish that oil production would suddenly just stop
Given the massive size of related industries and dependencies, “sudden” was never on the table. However we should be ramping down. The industry should already know that long term investments such as new pipelines will never pay off.
Gasoline/oil should be getting more expensive, or we’re doing it wrong. The best incentive to figuring out how to switch to options kinder to our environment, is higher prices with the promise of more increases. That doesn’t only apply to gasoline/oil, but heating oil, jet fuel, deisel for farming, construction and heavy trucks, marine deisel, plastics of all types, etc. Holding these prices low may help the economy in the short term but means we’re not going to switch to better choices and the impact will be more serious when it finally hits
Ten percent is still a nice chunk. Especially for just getting started. Add in hybrids to that, and it’s even better.
I’m not trying to impugn the progress made with EVs, I’m just saying that we’re not really there in terms of ending our dependence on oil as a fuel source.
But the caterpillar was still hungry
How else are we supposed to save the planet from the horrors of green energy and renewable resources
No, this is actually a good thing for the environment because this way we'll hit 'peak oil' sooner and the world will be forced to look for energy elsewhere.
/S
Yet Trump wants to send US troops to Saudi to protect their oil fields because he still remembers the 70s oil embargo.
"Last month, weekly US oil production hit 13.2 million barrels per day, according to the US Energy Information Administration. That’s just above the Donald Trump-era record of 13.1 million set in early 2020 just before the Covid-19 crisis sent output and prices crashing. "
Sounds like a lot... until you realize we burn over 20 million barrels per day, and the 13 million figure isn't all reserved for domestic use, just under 10 million per day is exported.
What about US oil consumption - production is one thing, but is it displacing imports, or really part of higher consumption?
Most climate-friendly president ever.
That was never intended to be true, same with the most progressive president line. They just know that no one can call him out on it because they'll just be drowned out by people who are terrified of Trump.
Reasoning: "Oh you don't like something Biden did? WHY DO YOU WANT TRUMP IN OFFICE, I'M ENTITLED TO DEMAND YOUR VOTE!!!1"
Then down votes to complete the flourish.
It's intellectually empty but extremely effective at causing me to dislike people who could otherwise be allies. I've never seen anything quite like it.
I wish lemmy could understand we don't have to be a hivemind in order to be effective.
Who is saying he's supposed to be the most progressive president? From what I remember before the election he very openly took middle of the road positions and declared intentions to reach across the aisle as much as possible.
What should he be doing instead? If he somehow had the legal authority to make companies cut production in the US, gas prices would increase drastically, the price of everything made with oil or transported with oil (which is basically everything) would spike, and consumption wouldn't even go down much.
What needs to happen is to have an alternative to oil first, and Biden's infrastructure bill was a big step in that direction, at least compared to every other president before him.
If he somehow had the legal authority to make companies cut production in the US
Biden approved more drilling on public lands than Trump did. So how about not do that.
gas prices would increase drastically,
BP just decided to discover a newfound cautious streak about the red sea that, wouldn't you just know it, caused the price of oil to go up. Oh darn.
the price of everything made with oil or transported with oil (which is basically everything) would spike, and consumption wouldn’t even go down much.
Oh yeah, it's great that this hasn't happened fucking already. The price of fucking everything but an hour's wages has gone up. Or in the language of centrist Biden supporters, "the economy is doing great!"
I watched a TED Talk in 2008 that said the US is the Saudi Arabia of nega-barrels, and we could build efficiencies like lighter cars that would reduce our dependence on foreign oil.
Instead we fracked our way to being the Saudi Arabia of normal oil and Saudi Arabia bought golf. I feel like Al Gore got monkey paw'd.
Burning the world so that some random bums can be the richest man in their town of 10,000 people.
I know the tech is still developing and yet I feel like there's a conspiracy to put out bad EVs too
Like a false flag kinda thing to sour people to them? I think that's far out but I'm curious to hear your ideas
gotta pump those numbers up I guess?
Guns and oil. Fuck yeah 👍
Rock flag and eagle!
just in time!
Don't worry everyone, it's net-zero.