The United States is producing more oil than any country in history | CNN Business
www.cnn.com
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.

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.

  • gregorum@lemm.eeEnglish
    0·
    7 months ago

    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.

    • AlexWIWA@lemmy.mlEnglish
      0·
      7 months ago

      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.

      • gregorum@lemm.eeEnglish
        0·
        7 months ago

        No one single thing is gonna make the difference. It’s really the combination of everything together sustained overtime. I mean, you’re not wrong, but it’s really everything working together that’s gonna be the trick.

        • AlexWIWA@lemmy.mlEnglish
          0·
          7 months ago

          I agree. My bad I took your comment as that being the only thing we need to do. Apologies

          • gregorum@lemm.eeEnglish
            0·
            7 months ago

            Yeah, no, it’s fine. I was just speaking within the context of why ramping up oil production in the US is important to the administration, for the sake of offsetting increasing costs from organizations, such as OPEC. If you recall, people in this country have been screaming about gas prices, and blaming Biden for it. Well, it shouldn’t be a surprise that he actually did something about it.

            • AlexWIWA@lemmy.mlEnglish
              0·
              7 months ago

              Ah nah sorry I don’t recall. I’ve intentionally cut myself off the news and most social media. It’s made me happier but it can bite me in the ass, like in this thread 😅

              • gregorum@lemm.eeEnglish
                0·
                7 months ago

                oh, well, now you have some context. I hope it makes more sense to you now ;)

        • queermunist she/her@lemmy.ml
          0·
          7 months ago

          There’s better and worse ways to go out.

          Surrounded by loved ones in a comfy bed and high on drugs? Or in twisted shrieking agony because a natural disaster collapsed your house on top of you? Or being vaporized during the nuclear war caused by the tropics becoming uninhabitable?

          • gregorum@lemm.eeEnglish
            0·
            7 months ago

            I don’t know. Dying instantly by being vaporized in a nuclear blast doesn’t sound so bad, although the absolute terror immediately proceeding, it probably would suck. As a New Yorker, I’d probably do something stupid like trying to hide in a subway tunnel, so I wouldn’t be vaporized instantly, but rather die in the immediate aftermath of horrible radiation poisoning, or be turned into a ghoul and live forever looking like beef jerky.

            • queermunist she/her@lemmy.ml
              0·
              7 months ago

              Right, much worse would be close enough to the blast to be horribly burned but not close enough to die instantly.

              Just hang on for hours or days.

              But everybody dies, right? No big deal! 🫠

  • AlexWIWA@lemmy.mlEnglish
    0·
    7 months ago

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

  • OldWoodFrame@lemm.ee
    0·
    7 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.