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US oil production peaked in 2019, and has declined due to Covid demand drop, and the Biden administration's push away from fossil fuel. https://www.eia.gov/dna
by WillPostForFood 5y ago
US oil production peaked in 2019, and has declined due to Covid demand drop, and the Biden administration's push away from fossil fuel.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...
- Symbiote 5y agoThe last reported month is within 11% of the record level, which seems to vary by over 5% month-to-month. It's double the amount produced 10 years ago, so I think it's fair to say "record levels". The 10% reduction began in April 2020, well before Biden, and since May 2021, production has equalled or exceeded 2020 production month-to-month.
- crisdux 5y agoNo, it's not fair. "Record levels" means the high point, not 11% less than the high point. Why do you insist on redefining language to fit your argument?
- azinman2 5y agoYou’re missing the forest for the trees: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...