That’s true. The US produces 14 million bpd and consumes 21 million bpd which is more than any other single country.
US propagandists use a broad definition for what counts as petroleum products muddle the facts and call the USA a net oil exporter. The reality is that the USA must import at least 7 million barrels per day, even if they completely stop exporting.
Is your point to say this is good for the US? Good for Oil companies in the US maybe. On the short term. But oil is a global commodity. The oil goes to whoever is willing to pay. Unless you think Trump is going to nationalize the oil industry. Americans are just as fucked as anyone else. Doesn’t matter where the oil comes out of the ground. It matters who is selling it and who is buying.
One: I hear you, we aren’t all excellent at writing and conveying sentiment as you. There is also obviously the weird use of their where we’re, or at least we were, confused.
Two: Sometimes though, we’ve been drinking and a lot of times we have to allot ourselves only a certain number of grammar edits here too.
Three: Yee-haw! I wear how much I drink & drank on my sleeve.
US is the world’s largest exporter and producer of oil.
it is also the worlds largest exporter and producer of bullshit
That’s true. The US produces 14 million bpd and consumes 21 million bpd which is more than any other single country.
US propagandists use a broad definition for what counts as petroleum products muddle the facts and call the USA a net oil exporter. The reality is that the USA must import at least 7 million barrels per day, even if they completely stop exporting.
Where did you get those numbers? I know for gasoline/petroleum its roughly equal local production and consumption.
Consumption: https://www.eia.gov/energyexplained/oil-and-petroleum-products/use-of-oil.php
Production: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W
Gasoline/Petroleum is rarely imported. The common method is to import the crude and refine on shore, which is what the USA is doing.
The media makes a big deal of it, as if it’s something to be proud of. Most useless, wasteful country on the planet.
https://outrightpower.substack.com/p/us-oil-production-and-consumption
https://usafacts.org/articles/is-the-us-a-bigger-oil-importer-or-exporter/
https://www.energy.gov/articles/fact-sheet-delivering-us-oil-and-natural-gas-production
https://energyheadlines.com/us-crude-production-to-hit-record-13-41-million-bpd-in-2025-before-falling-eia-says/
https://www.lambdafin.com/articles/us-vs-opec-oil-production
Thanks for the sources.
Personally, I am more concerned about the impact a gas/petrol shortage would have rather than oil as a whole, but this is useful to know.
Is your point to say this is good for the US? Good for Oil companies in the US maybe. On the short term. But oil is a global commodity. The oil goes to whoever is willing to pay. Unless you think Trump is going to nationalize the oil industry. Americans are just as fucked as anyone else. Doesn’t matter where the oil comes out of the ground. It matters who is selling it and who is buying.
Just pointing it out. It’s something I don’t think most people are aware of. Why I mentioned exporter and producer.
All good. Sometimes the context (or lack there of) in which people mention things makes me confuse the intent.
Irregardless, for
One: I hear you, we aren’t all excellent at writing and conveying sentiment as you. There is also obviously the weird use of their where we’re, or at least we were, confused.
Two: Sometimes though, we’ve been drinking and a lot of times we have to allot ourselves only a certain number of grammar edits here too.
Three: Yee-haw! I wear how much I drink & drank on my sleeve.
oil is a drug
Oil is ancient sunlight.