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Posted on 04/19/2026 5:24:23 AM PDT by MtnClimber
By ignoring all the bright thinkers and conventional analyses the President’s genius strategy has placed us in the driver’s seat. We are now the world’s top source of oil and gas and control major distribution flows of petro supplies from around the world.
Despite the best efforts of those who would utilize the preposterous climate change scare to control us and depopulate the world, petroleum still rules world economies. About 80% of all world energy is petro-based -- it fuels industrial and agricultural production along with transportation. Constricting supplies causes all prices to rise -- the inflationary effects are well-known (except perhaps to the bright thinkers promoting net zero policies, which are tanking their economies and immiserating their citizens).
For this reason, foreign policy strategists, media pundits, and governments who listened to them for decades avoided attacking Iran, fearing worldwide disruption of a critical supply. Yet at the moment, by ignoring all these bright thinkers and conventional analyses, the President’s genius strategy has placed us in the driver’s seat. We are now the world’s top source of oil and gas and control major distribution flows of petro supplies from around the world.
Our own supplies are formidable.
The U.S. is an absolute energy monster * Sitting on 46 billion barrels of proved crude reserves (60% still locked in tight rock) * Permian Basin alone pumps 6.6 million barrels/day, more than every OPEC country except Saudi * Total U.S. crude: 13.6M barrels/day, the world’s #1 producer, beating Russia (9.1M) and Saudi (9.3M) * Natural gas? Not even close, record 43.2 trillion cubic feet in 2025, about 25% of global supply. The U.S. out-produces every petrostate on the planet. -- @hedgeye
We also control the sale and transportation of oil from Venezuela, which holds 17% of all the world’s known oil reserves.
(Excerpt) Read more at americanthinker.com ...
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Increase the boost pressure by 50%.
“Victory” demands it and rightly so.
We have the resources.
We have the economy.
We have the technology.
We have the military.
And now we have a President who is willing to work from a position of power.
The US imports about 5 million barrels of oil per day. 4 million of those barrels per day come from Alberta. Thanks to Ottawa refusing to build pipelines to the Atlantic or Pacific, Alberta’s oil has nowhere else to go but the US.
US total oil production (all products) amounts to 21 million barrels per day or roughly the equivalent of Russia and Saudi Arabia combined.
The US could produce and control 100% of the oil in the world, but the price is still dependent on a global market. I don’t quite understand why people don’t “get it.”
When the price rises as a result of shutting down the Strait of Hormuz, the price rises everywhere—independent of what the US is producing. The people producing the oil make money. And if they are American…I guess that is OK. But the price is the price is the price. And when it is high…the price of everything rises.
In the end, Trump is telling us that it’s great that OUR oil companies are getting rich. But it still cost $100 to fill my truck yesterday. Is EXXON going to send me a rebate check because they refined the gas in the US? I don’t think so.
Some people just don’t have the intellectual ability to understand that. Simple as that.
I can’t quite figure out why the oil supply is in such a delicate state when only 20% of the world’s oil consumption goes through the Strait of Hormuz.
A graph.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus1&f=a
Look up to 2009. Not past it. That’s how grim the situation was.
In 2009 shale fracking started and oil flowed. It was not a new discovery, starting in NoDak and then the Permian. That oil was known to be there. It was the Fed declaring 0% interest rates that got it to flow. It could not flow because rates precluded the risk.
Everyone who imagines oil is being created all the time didn’t really get heard in 2007 or 2008. The turn up in the graph is not from fields that went empty and magically refilled. It was from the Fed making new fields flow. These new fields will themselves top out and head down, just as was happening from the 1970s onward. Permian guys say next year, certainly if rates respond upward to inflation and the price doesn’t remain $100+.
You had me going there. I was thinking “of all the dreadful, terrible ideas that I never expected to see on this forum...”
Thankfully, I did read that final disclaimer.
(Of course, some little-brains, dems especially, would think you were serious and correct.)
To be fair, if global oil prices plummeted, with the cost of gasoline much lower, and the oil companies were losing billions, would you want to send me them a rebate check?
Many on FR need to read (hopefully understand) your post. They may need to read it about 10 times!
XOM sends me a nice dividend "check" every quarter ...
That is simply not true.
Oil companies are not “losing” money. Their margins have been pretty much the same for decades. And the oil they are selling today was extracted and refined before this stuff started.
I am not an “oil is bad” guy. I have no problem with them making money. But I also know that because of the global nature of the market the price of oil going up is going to profit them…and not me. (Unless I own Exxon stock, obviously.)
“control us and depopulate the world”
Gotta love Clarice. She doesn’t mince words. Greenies started out as tree huggers. Now their goal of mass extermination is well known.
Right, getting oil prices to come down on demand would mean nationalizing it.
Government can’t make a private company stay out of the global market. It would literally be telling them they aren’t allowed to make money like everyone else.
Companies are private and can compete in that market for more profit. To ask otherwise isn’t fair at all.
p
“Government can’t make a private company stay out of the global market. It would literally be telling them they aren’t allowed to make money like everyone else.”
Not surprising that we have some SOCIALISTS on this site. Explains a lot when it comes to other issues regarding the interests of this country.
The United States currently holds the world’s largest total recoverable oil reserve base, estimated at 264 billion barrels due to technological advancements in unconventional shale. It is the top global oil producer. -—American Oil & Gas Reporter
The U.S. leads in total recoverable oil, followed by Russia (256B) and Saudi Arabia (212B), with over 50% of U.S. reserves found in unconventional shale plays.
The US is the world’s largest oil producer (approx. 13.2 million barrels daily in 2024), but it does not control foreign reserves in nations like Venezuela (largest proven reserves) or Saudi Arabia.
While a major producer, the US is also the world’s largest consumer of oil, often importing oil because domestic refineries require different crude grades than those produced locally.
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