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U.S. oil production hit a record under Biden. He seldom mentions it.
The Washington Post ^ | 2023-12-31 | Evan Halper and Toluse Olorunnipa

Posted on 12/31/2023 9:08:20 AM PST by Salman

You wonโ€™t hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

The flow of huge amounts of crude from American producers is playing a big role in keeping prices down at the pump, diminishing the geopolitical power of OPEC, and taming inflation. The average price of a gallon of regular gasoline nationwide has dropped to close to $3, and analysts project it could stay that way leading up to the presidential election, potentially assuaging the economic anxieties of swing state voters who will be crucial to Bidenโ€™s hopes of a second term.

But it is not something the president publicly boasts about. The politics of oil are particularly tricky for Democrats, whose chances for victory in the 2024 elections could hinge on whether young, climate-conscious voters come out in big numbers. Many of those voters want to hear that Biden is doing everything in his power to keep oil in the ground.

...

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Crime/Corruption; Culture/Society; Government; News/Current Events
KEYWORDS: globalwarming; oil
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To: ProtectOurFreedom
We are exporting our energy at a furious rate. Unless you owned the mineral rights to that coal mine where that coal was mined, it is not your energy.
41 posted on 12/31/2023 10:05:47 AM PST by Round Earther
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To: bigdaddy45

Lower gas prices will help hold Biden’s coalitions together through the election. The US will go cold and dark afterwards, should the Resident “win” again.


42 posted on 12/31/2023 10:05:48 AM PST by RitaOK (Viva Christo Rey. For Greater Glory. HIS. )
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To: ProtectOurFreedom
We are exporting our energy at a furious rate.

Unless you owned the mineral rights to that coal mine where that coal was mined, it is not your energy.

43 posted on 12/31/2023 10:06:34 AM PST by Round Earther
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To: Round Earther

US taxpayer funded fossil fuel subsidies are running about $20 bil a year.

Whose oil is it...?


44 posted on 12/31/2023 10:11:10 AM PST by mewzilla (Never give up; never surrender!)
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To: dfwgator

UP UP UP UP UP!

Bite the Big Apple ๐Ÿ ๐ŸŽ๐ŸŽ๐ŸŽ๐ŸŽ ๐Ÿ


45 posted on 12/31/2023 10:11:31 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: ProtectOurFreedom

Texas is fast approaching 50% of total US oil production.


46 posted on 12/31/2023 10:12:16 AM PST by crusty old prospector
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To: mewzilla

“Whose oil is it...?”

The oil belongs to the entity that owns the mineral rights as they have “rule of capture.”


47 posted on 12/31/2023 10:17:39 AM PST by Round Earther
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To: Salman

In spite of his regulations. Trump would be drilling twice as much.


48 posted on 12/31/2023 10:18:36 AM PST by bray (You can tell who the Commies fear.)
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To: Salman

If there is any truth at all in this, it will immediately cease upon a Democrat taking the presidency in 2024. This report is designed to optimize the chance of that.

The march to end petrochemical fuels is on. Donโ€™t be fooled.


49 posted on 12/31/2023 10:19:43 AM PST by DJ Frisat (If I say something exceptionally stupid, chances are I was writing the influence of AutoCorrect. ๐Ÿ™„๐Ÿซค)
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To: crusty old prospector

Wow, I didn’t know that. The USSA will miss that when Texas secedes.


50 posted on 12/31/2023 10:19:47 AM PST by ProtectOurFreedom (โ€œOccupy your mind with good thoughts or your enemy will fill them with bad ones.โ€ ~ Thomas More)
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To: mewzilla
US taxpayer funded fossil fuel subsidies are running about $20 bil a year.

Really? Link?

51 posted on 12/31/2023 10:24:11 AM PST by Toddsterpatriot (TANSTAAFL)
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To: bray

If you owned an exploration and production company, would you drill twice as much, work twice as hard, and spend twice as much to double production so you can sell oil for $35.00 a barrel or maintain current production at current costs and sell oil at $71.00 a barrel?


52 posted on 12/31/2023 10:25:02 AM PST by Round Earther
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To: ProtectOurFreedom

Currently, 42%.


53 posted on 12/31/2023 10:25:32 AM PST by crusty old prospector
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To: mewzilla

Communists call tax deductions subsidies and welfare investments.


54 posted on 12/31/2023 10:28:53 AM PST by bray (You can tell who the Commies fear.)
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To: Salman
For two an half years, Biden suppressed our oil supply, drive gas prices up and helped fuel inflation. But, now, that it is an election year, it's drill, baby, drill.

No one should, however, forget the economic plan he caused for two and half years or expect him to continue allowing drilling if he gets reelected.

55 posted on 12/31/2023 10:29:02 AM PST by Kazan
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To: RitaOK

You are correct. My nephew is an engineer for HP. He said they are drilling a lot of wells. The dems want the oil field workers employed and energy cheaper going into election this fall. After that they will slow production down. The media is just not reporting the reasons for the increase.


56 posted on 12/31/2023 10:29:07 AM PST by Iceclimber58
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To: enumerated

WP is not suitable for fish wrap


57 posted on 12/31/2023 10:32:08 AM PST by Zathras
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To: Salman
For those who are interested, this is how US oil production shakes out:

Texas 42%

Federal Offshore (Thank you, Big Oil) 15%

New Mexico 14%

North Dakota 10%

Colorado 4%

Alaska 3%

Oklahoma 3%

Kalifornia 2%

Utah 1%

That gets you to around 94%. Kalifornia and Alaska are no longer major oil producing states.

58 posted on 12/31/2023 10:42:54 AM PST by crusty old prospector
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To: Salman
U.S. oil production hit a record under Biden over his best efforts to stifle it.
59 posted on 12/31/2023 11:01:36 AM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Salman

He doesn’t want to see all the streets covered with idiots glued to the pavement?


60 posted on 12/31/2023 11:35:24 AM PST by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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