Currently the U.S. is the top oil producer in the world.

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gemini104104

Verified User
OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.

Ranking nations by the most likely estimate for existing fields, discoveries and as-of-yet undiscovered fields (proved, probable. possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1)."

https://www.aogr.com/

U.S. has more untapped oil than Saudi Arabia or Russia

Move over, Saudi Arabia and Russia. America now has more untapped oil than any other country on the planet.
That's according to a new report from Rystad Energy that estimates the U.S. is sitting on an incredible 264 billion barrels of oil reserves. It includes oil in existing fields, new projects, recent discoveries as well as projections in undiscovered fields.
https://money.cnn.com/2016/07/05/investing/us-untapped-oil/index.html
 
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gemini104104 said:
OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.

Ranking nations by the most likely estimate for existing fields, discoveries and as-of-yet undiscovered fields (proved, probable. possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1)."

https://www.aogr.com/

U.S. has more untapped oil than Saudi Arabia or Russia

Move over, Saudi Arabia and Russia. America now has more untapped oil than any other country on the planet.
That's according to a new report from Rystad Energy that estimates the U.S. is sitting on an incredible 264 billion barrels of oil reserves. It includes oil in existing fields, new projects, recent discoveries as well as projections in undiscovered fields.
https://money.cnn.com/2016/07/05/investing/us-untapped-oil/index.html
Click to expand...



oil reserves aren't production.

the point of the new world order is to make sure americans don't benefit from our own oil.
 
actually we've been #1 since 2018.......however production has declined since Biden took office.....
1164px-Top_5_oil_producing_countries.webp.png


https://en.wikipedia.org/wiki/File:Top_5_oil_producing_countries.webp
 
gemini104104 said:
OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.

Ranking nations by the most likely estimate for existing fields, discoveries and as-of-yet undiscovered fields (proved, probable. possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1)."

https://www.aogr.com/

U.S. has more untapped oil than Saudi Arabia or Russia

Move over, Saudi Arabia and Russia. America now has more untapped oil than any other country on the planet.
That's according to a new report from Rystad Energy that estimates the U.S. is sitting on an incredible 264 billion barrels of oil reserves. It includes oil in existing fields, new projects, recent discoveries as well as projections in undiscovered fields.
https://money.cnn.com/2016/07/05/investing/us-untapped-oil/index.html
Click to expand...

AND MAGA WETS PANTIES!!!

BWAAHAHAHAHAHAHAAAAHAHAHAHAAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHA
 
..
Mar 21, 2022 — The Biden administration has flirted with lifting oil sanctions on once-shunned Venezuela to temper surging oil prices
 
floridafan said:
maybe big oil should keep more of their production right here in the US!
Click to expand...

Biden Suspends Drilling Leases in Arctic National Wildlife Refuge
The decision blocks, for now, oil and gas drilling in one of the largest tracts of undeveloped wilderness in the United States.

Perhaps Biden should rescind his EO to stop drilling in ANWAR.
 
floridafan said:
What good is more production if we dont have the capacity to refine it. Secondly, maybe you can explain why big oil companies are exporting our oil to other countries, when keeping it here would greatly lower retail prices.
Click to expand...

first.......the issue is production because the OP started a thread about production.....
second.....oil companies sell crude oil......various people purchase it.....if the purchasers are from other countries, that's where it going to go.....that's what free markets do....
finally, why did Biden decide to put oil producers out of business? (he specifically stated that intent during the election and started the process in January 2021 by executive order).....

remember, the Demmycrats did exactly the same to coal producers during the Obama presidency.......
 
gemini104104 said:
OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.

Ranking nations by the most likely estimate for existing fields, discoveries and as-of-yet undiscovered fields (proved, probable. possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1)."

https://www.aogr.com/

U.S. has more untapped oil than Saudi Arabia or Russia

Move over, Saudi Arabia and Russia. America now has more untapped oil than any other country on the planet.
That's according to a new report from Rystad Energy that estimates the U.S. is sitting on an incredible 264 billion barrels of oil reserves. It includes oil in existing fields, new projects, recent discoveries as well as projections in undiscovered fields.
https://money.cnn.com/2016/07/05/investing/us-untapped-oil/index.html
Click to expand...

We are also a net exporter of natural gas. Maybe we should think about nationalizing the energy producers.
 
Earl said:
Biden Suspends Drilling Leases in Arctic National Wildlife Refuge
The decision blocks, for now, oil and gas drilling in one of the largest tracts of undeveloped wilderness in the United States.

Perhaps Biden should rescind his EO to stop drilling in ANWAR.
Click to expand...

Drilling in Alaska hs zero to do with todays oil prices, so lets ask again, why is big oil exporting production to other countries.
 
PostmodernProphet said:
first.......the issue is production because the OP started a thread about production.....
second.....oil companies sell crude oil......various people purchase it.....if the purchasers are from other countries, that's where it going to go.....that's what free markets do....
finally, why did Biden decide to put oil producers out of business? (he specifically stated that intent during the election and started the process in January 2021 by executive order).....

remember, the Demmycrats did exactly the same to coal producers during the Obama presidency.......
Click to expand...

Shouldn't more of our oil production remain here to lower prices?
 
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