this post was submitted on 20 Dec 2023
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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.

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[–] [email protected] 90 points 8 months ago (3 children)

The planet isn't going to warm itself you know

[–] [email protected] 29 points 8 months ago

If you're cold, they're cold (picture of icebergs)

[–] [email protected] 7 points 8 months ago
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[–] [email protected] 59 points 8 months ago (2 children)

I hate this fucking country sometimes.

[–] [email protected] 14 points 8 months ago (1 children)

There was a hot minute where the propagandist narrative was that we needed to pump more oil to achieve "energy independence" despite the US already exporting, since that's where the money was made

[–] prole 5 points 8 months ago (1 children)

It doesn't help when people blame the president if gas prices go up.

[–] [email protected] 3 points 8 months ago (3 children)

I thought we were suppose to let the free market decide. I guess the president isn't government?

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[–] agamemnonymous 24 points 8 months ago

But the caterpillar was still hungry

[–] Sabre363 20 points 8 months ago (1 children)

How else are we supposed to save the planet from the horrors of green energy and renewable resources

[–] [email protected] 6 points 8 months ago* (last edited 8 months ago)

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

[–] [email protected] 13 points 8 months ago

Yet Trump wants to send US troops to Saudi to protect their oil fields because he still remembers the 70s oil embargo.

[–] [email protected] 11 points 8 months ago (4 children)

"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.

https://www.reuters.com/markets/commodities/us-crude-output-rise-by-less-than-previously-forecast-2023-eia-2023-11-07/

https://www.eia.gov/tools/faqs/faq.php?id=727&t=6

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[–] [email protected] 8 points 8 months ago

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.

[–] [email protected] 8 points 8 months ago (2 children)

Most climate-friendly president ever.

[–] [email protected] 11 points 8 months ago (6 children)

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.

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[–] [email protected] 4 points 8 months ago* (last edited 8 months ago) (1 children)

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.

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[–] [email protected] 7 points 8 months ago (1 children)

Feels like stockpiling for wartime…

[–] [email protected] 3 points 8 months ago (15 children)

The US is the world's largest exporter of oil. There's no "stocking up"

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[–] [email protected] 6 points 8 months ago

Burning the world so that some random bums can be the richest man in their town of 10,000 people.

[–] [email protected] 5 points 8 months ago (1 children)

I know the tech is still developing and yet I feel like there's a conspiracy to put out bad EVs too

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[–] [email protected] 5 points 8 months ago

gotta pump those numbers up I guess?

[–] [email protected] 3 points 8 months ago (1 children)

Guns and oil. Fuck yeah 👍

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