We’re importing 600K barrels from Russia daily. Joey shutdown at least 800K here in production.
In 2016 we were producing 15M daily. Estimates for 2022 are less than 12M daily.
The price of a black book of damming info today. No 10%.
I'm seen were 800k was shut down by Biden, but don't know exactly what was shut down that reduced our production by 800k. Does anyone know?
The Keystone pipeline when completed would have provided over 800K barrels a day. Biden also closed Federal land to oil and gas exploration as well halting offshore oil and gas drilling leases.
They Keystone XL pipeline was a few years away from completion and had nothing to do with reduction of our oil production today.
And stopping leases and exploration does nothing today to reduce the supply.
Also, Keystone is for Canadian imported oil, not US production.
I'm just trying to figure out how Biden cost the USA energy independence this year, not year out.
Also Biden was sued and forced to sell new leases last summer.
I want to be factual. Why are we currently producing less oil?