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this really is such an underplayed story. No one - not Russia, not Venezuela, not Saudi Arabia - NO ONE is producing more oil than the US.
by TheIronYuppie 3y ago
this really is such an underplayed story. No one - not Russia, not Venezuela, not Saudi Arabia - NO ONE is producing more oil than the US.
- verdverm 3y agoThere was a chart I saw on HN related to this that also showed most of the increase is going to exports and maybe even a decrease in domestic demand iirc Let me see if I can dig that up, it was actually a site with lots of data and graphs you could play with --- https://www.eia.gov/totalenergy/data/browser/#/?f=M&start=197301&end=202308&charted=7-1-11-6-3 https://www.eia.gov/totalenergy/data/browser/#/?f=M&start=19... https://news.ycombinator.com/item?id=38606318 https://news.ycombinator.com/item?id=38606318 --- Yup, imports down, both production and exports way up I wonder how much of this is the US shipping natural gas to the EU and other countries