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This is an out of date take. Not long after the fracking boom that began in the mid 2000's, The US is now by far the world's largest oil producer. We used to pr
by simonsarris 11mo ago
This is an out of date take. Not long after the fracking boom that began in the mid 2000's, The US is now by far the world's largest oil producer. We used to produce less oil than Saudi Arabia, now we produce 66% more. We produce 4x the oil that Iran does. Oil is just not the same geopolitical force that it was in the 80's to 2010.
https://ourworldindata.org/grapher/oil-production-by-country?country=USA~IRN~SAU https://ourworldindata.org/grapher/oil-production-by-country...