Yes but it was Ellie May who kept the hounds a-bayin!
Posted on 05/09/2018 9:21:24 AM PDT by rktman
U.S. crude oil production could top 12 million barrels per day by the end of 2019, according to the latest Energy Department (DOE) forecast released on Tuesday.
The U.S. Energy Information Administration, the DOE’s statistics arm, (EIA) projects U.S. crude output would grow by more than 1.5 million barrels per day over the next two years, primarily as the result of abundant shale oil and gas reserves.
EIA projects the U.S. will “average 11.9 million [barrels per day (b/d)] in 2019, 0.4 million b/d higher than forecast” the agency released in April. Now, EIA “forecasts U.S. crude oil production will end 2019 at more than 12 million b/d.”
Source: U.S. Energy Information Administration
Hydraulic fracturing, or fracking, has allowed companies to access vast reserves of oil and natural gas, precipitating an energy boom that’s completely reversed the U.S.’s energy future.
The Trump administration has harnessed “energy dominance” as part of its foreign and domestic policies. The White House has aggressively pushed a deregulation agenda that’s targeted Obama-era regulations seen as harmful to energy production.
U.S. oil production hit a record 10.25 million barrels per day in early February, beating out the old record from November 2017. Oil exports averaged more than 2.3 million barrels per day in April, a record, according to EIA.
(Excerpt) Read more at dailycaller.com ...
It would be great, if Mr. Trump would reverse the national monument decisions of previous Democrat presidents, which put major coal reserves off limits for development by future generations...
Dr Evil, a million dollars isn’t exactly a lot of money these days. No 2.
Just take care of Americans before selling overseas. High prices, as they are now, will hurt Republicans in November, 2018.
Anwar, fracking, and even exporting, I am getting pissed at the artificially high gas prices...
There is no reason our gas should be north of $1.99/gal.
Anyone know if with our new epa chief if any new refineries are being built yet?
I’d like to see PDJT call out the artificial price rise...
And no, I’m not for price fixing, and I do own my own business and understand supply and demand, elasticity, etc...that’s why it does suck, be cause it is fake.
What is the basis for your statement?
Google US daily oil consumption.
there is no reason that America should not be the world’s #! energy exporter (oil, coal. and natural gas) and put OPEC out of business.
$205,000,000 today’s money.
Yes but it was Ellie May who kept the hounds a-bayin!
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