03-03-2022, 10:39 AM
Some things I did not know about the US oil business as the news tells us how Biden isn't doing enough to keep gas prices low while Ukrainians are literally fighting for their lives.
2) As a direct result, Oil prices went up, US oil production increased, and us exports ramped SIGNIFCANTLY pic.twitter.com/RAsOONf8rh
— Listen occasionally, you may learn something... (@LotaInsLotaOuts) October 13, 2021
4) So as we head towards midterms and oil prices become a pressing economic issue, its important to remember how we got here:
— Listen occasionally, you may learn something... (@LotaInsLotaOuts) October 13, 2021
GOP lawmakers took money from the oil lobby to allow Oil Companies to sell US natural resources, tax free, right out from under Americans feet
6) In 2020, that production number hit 19M barrels/day, which is salient, because:
— Listen occasionally, you may learn something... (@LotaInsLotaOuts) October 13, 2021
#2 -- US oil demand is 18.5M barrels/day, meaning as of 2020, the US produces enough oil domestically to meet our entire demand.
We could be energy independent....if we did ship out our oil...
![[Image: giphy.gif]](https://media0.giphy.com/media/1kwsTjL8BNqlszNtnCE/giphy.gif)
Your anger and ego will always reveal your true self.
