“U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast. That’s up from the most recent trough of 5 million barrels a day in 2008, and probably enough to help the U.S. to keep its title as the No. 1 global crude oil producer.”
That’s much higher than 2019 and equal to the first 3 quarters of 2020.
www.politico.com
That’s much higher than 2019 and equal to the first 3 quarters of 2020.
The U.S. is pumping oil faster than ever. Republicans don't care.
GOP presidential candidates are blaming pump prices on President Joe Biden’s clean energy policies, even though the U.S. is churning out record amounts of oil.
www.politico.com
