Liberal Forum

We are now producing more oil than any other time in our history and US oil companies say they have the capacity to produce more to fill the deep huge cuts from opec. 
 
 

Us pumping more oil than ever before. Republicans don't care keep lying to the American people.


https://www.politico.com/news/2023/08/2 ... n-00111626

The EIA estimates the US can produce 20 million barrels a day. Our current production is 12.9 million per day. OPEC produces (in total) about 22 million barrels a day. So, if they cut their production by more than 36.5%...you are wrong.

ConsRule » 20 Dec 2023, 3:43 pm » wrote: ↑

20 Dec 2023, 3:43 pm

The EIA estimates the US can produce 20 million barrels a day. Our current production is 12.9 million per day. OPEC produces (in total) about 22 million barrels a day. So, if they cut their production by more than 36.5%...you are wrong.

I'm only going by what the oil producers are saying. And they say they have drilled baby drilled and have access to much much much more oil and can out produce opec. 

ConsRule » 20 Dec 2023, 3:43 pm » wrote: ↑

20 Dec 2023, 3:43 pm

The EIA estimates the US can produce 20 million barrels a day. Our current production is 12.9 million per day. OPEC produces (in total) about 22 million barrels a day. So, if they cut their production by more than 36.5%...you are wrong.

The pubs didn't think this possible because they are dumb as **** usually. 

Fun watching OPEC & Russia do as they please.

More signs of the crumbling US empire.