[Mount Athos]

It used to be that oil prices being high was just plain bad for America.

But now that the USA is #1 oil producer in the world by far, isn’t it a mixed bag?

[JoSixChip]

But now that the USA is #1 oil producer in the world by far

Not any more, we are starting to require imported oil just to feed our needs. This will only get worse as biden has put an end to drilling on federal land and making it almost impossible to frack.

[Boogieman]

We were only the #1 oil producer because oil prices were so low that the Saudis & friends decided to slow down their production. Now that the prices are going back up, we won’t be #1 anymore. Certainly not with Biden trying to do his best to hamstring domestic production.

[catnipman]

“But now that the USA is #1 oil producer in the world by far, isn’t it a mixed bag?”

except within two years, the “biden” administration will guarantee that the USA is no longer the number one producer, but instead will be a net importer, and four years from now will likely be one of the world’s net energy importers ...