Gushing: Biden US oil output beats Trump record - Daily Kos
Gushing: Biden US oil output beats Trump record
First, a caveat: We need to wean ourselves off of fossil fuels and move toward renewable energy sources, for economic, national security and especially climate change reasons. We have made some progress especially under Biden and with the new IRA legislation, but have a long way to go.
That said, the latest (August 2023) EIA monthly crude oil output numbers provide a certain amount of joy in “owning the conservatives” who mistakenly think oil production has taken a nosedive under a Democratic administration.
The 13,053,000 barrels per day average registered in August breaks the 13,000,000 record set in November 2019 (and then fell under 10 million bpd during COVID).
Let me be more clear: The US is producing more oil under Biden than it ever did under Trump.
For all of you with Trump-loving friends who have beamoaned Biden energy and environmental policies that they believe have led to higher gas prices and a decline in oil production since the glory days of Trump and a “drill, baby, drill” mentality, we now have hard data: oil production is now at an all-time high under this president.
Again, that’s not something to necessarily rejoice in. But it sure is fun to be able to respond to whiny Trumpster posts about energy costs and oil production with a meme like this:
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.