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Posted on 05/21/2026 6:35:58 AM PDT by Vigilanteman
These figures are based on annualized data from January to November 2025, compiled by the U.S. Energy Information Administration (EIA) and reported by Visual Capitalist and other sources.
The United States is the world’s largest oil producer, followed by Russia and Saudi Arabia, with the top 10 countries supplying over 70% of global crude oil.
(Excerpt) Read more at netvaluator.com ...
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Add the countries which are largely dependent on the Strait (5 + 7 + 8 + 10) and you get 17.8% of the world's production from the top 10 alone.
Let’s get usa up to 25% or 33%.
Canada would produce a lot more if it wasn’t for Carny Show Carney(former board member of WEF) and the liberals
Patiently waiting for Guyana to enter the game.
So was Maduro . . . until January of this year happened.
I’ve always wondered why more wasn’t made about the US being the world’s largest oil producer? That’s a huge fact.
At least enough to manipulate the market in our favor. Why should we pay what the rest of the world does?
It was NOT a fact as recently as 2024. Can you guess why?
People don’t feel like the U.S. is a leading oil producer; not when they go to the gas station.
If we are truly energy independent, we shouldn’t be affected by the problems in the Strait of Hormus.
There’s got to be a way to de-link (unlink?) ourselves from the rest of the world’s oil producers and their problems. Get’er done, Trump!
Then why ITF are we paying out the ass for gas?
Still pisses me off that our retail prices are tied to what happen elsewhere when we are #1 and supply all our own oil.
It’s not being made a big deal because the economically innumerate, which are most of the voting population, believe high output we should make us exempt from high energy prices.
Many on this forum would support export controls. They will call it “our oil” for “our people”.
With oil prices and inflation taking off, the dollar about to tank (deficits),and soaring g spending thanks to populism, we will have another round of 70’s style price and export controls. It will of course lead to the same disasters.
why am I paying 4.15 per gal in FL?
The problem Canada has is getting the oil OUT of Alberta.
Meaning ALL the pipelines are full. Most existing pipelines go south and SE. Only one goes west to Vancouver.
Anything else has to loaded on a tanker rail car.
They have been trying to build another pipeline to go west to BC coast. Plus another pipeline to go east. These keep getting hung up by politics.
So, there is no reason to increase production because it will just drive down the price they end up getting for it FOB Alberta.
In the 1970s, we heavily relied on foreign governments for our oil; price controls kept oil production from being profitable, so reduced production when we needed to expand production.
We make plenty oil today. Producing more oil would just cause a glut when things go back to normal, so oil producers aren’t responding to short-term spikes in the price of oil. They don’t want to increase their costs, despite soaring prices.
The only argument against price controls — and it’s a doozy — is we’d basically telling all of our allies to go f**k themselves after we triggered the crisis. (Note that I said “triggered” rather than “caused” because the ultimate problem is maniacal demonspawn controlling the Straits of Hormuz.) On the other hand, why is Europe so dependent on Gulf oil: because the US will always bail them out. Why don’t the gulf states have alternative ways of getting their oil out? Because the US will always bail them out. Why don’t our allies cooperate with this action which will make them safer: Because the US will always bail them out. Maybe our “allies” need to be a bit responsible for their own oil security.
“The only argument against price controls”
I’m sorry; I meant EXPORT controls. God, I wish you could edit FR. I absolutely oppose price controls.
It is no different than what happens with Natural Gas if a company can turn it into LNG and ship it anywhere else in the world.
This had an effect on the price of electricity here in New England after the war in Ukraine.
Let me explain.
When the Russian pipeline in the Baltic got blown up the price of Natural Gas went up drastically in Europe.
Most of the electricity here in NE come from NG. There are not enough pipelines coming here. So much of it arrives in the form of LNG. That same LNG loaded on a ship in Houston can be sold to Boston or the UK or Germany or WHEREVER they can sell it for the most money after deducting the freight to get it there.
So, because Europe was willing to pay more for NG. It effected the price delivered to Boston. Which then effected the rate Eversource was charging per KWH here in New England.
BUT, don’t even think about building another pipeline through NY, MA, NH, CT, RI to bring that gas here.
Not In My Back Yard.
People are stupid. Especially Liberals
Agreed. Besides making Big Oil wealthier, I’m not seeing any price drops at the pump from being the #1 Producer.
Israel tax
A mystery, isn’t it? $6.50 at my station in CA.
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