For First Time, Oil Likely To Be Top U.S. Export In 2023. God bless President Biden.

[Joe Capitalist]

For First Time, Oil Likely To Be Top U.S. Export In 2023

https://apple.news/Ai8IOXMysRG-8cqhUS1KXpg

For the first time in 50 years and perhaps ever, the primary oil category will be the United States’ top export when 2023 figures are released early next year.
That is according to my analysis of the most recent U.S. Census Bureau data, which runs through August.
Combined with refined petroleum, which ranks second, and natural gas products, which rank fourth, the United States has quietly gone in a few short years from an energy trade deficit to a surplus.
2023 will mark the fourth consecutive year the value of these three U.S. export categories topped the value of the same three import categories. This year, 54.36% of U.S. trade in oil, gasoline and natural gas has been an export.
Looking at just oil, the percentage growth has been more dramatic.
For the first time, exports in the primary oil category are accounting for more than 40% of all oil trade — exports as a percentage of exports plus imports. That’s a slight deficit. In 2016, that percentage was 8.50%.
The next year, in 2017, the value of U.S. oil exports first topped 1% of all U.S. exports. Through August of this year, that percentage is 5.61% of the more then 1,260 export categories our company, WorldCity, uses to classify export and import commodities.

 

[Joe Capitalist]

America loves President Joe Biden!!!

 

[Joe Capitalist]

Remember all the attacks on Biden, claiming that he’s stifling US oil production and causing rising oil prices?

FACT:

U.S. oil production has just hit a new all-time high this week. This means that under Biden we are currently producing more oil than any time under President Trump.

Combine this with major increases in solar and wind power production and the United States is shattering all energy production records and making the past administration’s numbers look meager.

 

[ExpressLane]

Remember all the attacks on Biden, claiming that he’s stifling US oil production and causing rising oil prices?

FACT:

U.S. oil production has just hit a new all-time high this week. This means that under Biden we are currently producing more oil than any time under President Trump.

Combine this with major increases in solar and wind power production and the United States is shattering all energy production records and making the past administration’s numbers look meager.

So Biden finally reaches Trump's record FOUR YEARS LATER.

 

[T. A. Gardner]

If it is, it will be despite Bribem, not because of him...

 

[ExpressLane]

If it is, it will be despite Bribem, not because of him...

From Joe Crapitalist's own article.

“There’s a narrative out there that US production is dead or dying,” said Hunter Kornfeind, oil market analyst at Rapidan Energy Group. But while its speed is slower than it used to be, it’s “maturing, it’s not dead,” he said.

It was growing faster under Trump.

 

[Hawkeye10]

Drilling rigs currently in use are down 19% from a year ago....you should be able to understand what that means.

https://rigcount.bakerhughes.com/na-rig-count

 

[Lionfish]

For First Time, Oil Likely To Be Top U.S. Export In 2023

https://apple.news/Ai8IOXMysRG-8cqhUS1KXpg

For the first time in 50 years and perhaps ever, the primary oil category will be the United States’ top export when 2023 figures are released early next year.
That is according to my analysis of the most recent U.S. Census Bureau data, which runs through August.
Combined with refined petroleum, which ranks second, and natural gas products, which rank fourth, the United States has quietly gone in a few short years from an energy trade deficit to a surplus.
2023 will mark the fourth consecutive year the value of these three U.S. export categories topped the value of the same three import categories. This year, 54.36% of U.S. trade in oil, gasoline and natural gas has been an export.
Looking at just oil, the percentage growth has been more dramatic.
For the first time, exports in the primary oil category are accounting for more than 40% of all oil trade — exports as a percentage of exports plus imports. That’s a slight deficit. In 2016, that percentage was 8.50%.
The next year, in 2017, the value of U.S. oil exports first topped 1% of all U.S. exports. Through August of this year, that percentage is 5.61% of the more then 1,260 export categories our company, WorldCity, uses to classify export and import commodities.

View attachment 25664

Joey wet panties, anything left in our oil reserves?

 

[T. A. Gardner]

Yea, but the Biden fuck ups don't stop there. His push for more solar and wind is running into a train wreck of companies wanting huge subsidies and refusing to bid on many projects at all...

New York rejects offshore wind, onshore renewables request for larger subsidies
https://www.politico.com/news/2023/...enewable-request-for-bigger-payments-00121231


Blow to Biden as offshore wind auction in Gulf of Mexico fails to stir interest
https://www.theguardian.com/us-news/2023/aug/29/us-offshore-wind-lease-sale-gulf-of-mexico

Offshore Wind Lease Sale in the Gulf of Mexico Had Just One Bid
https://www.instituteforenergyresea...-sale-in-the-gulf-of-mexico-had-just-one-bid/

The U.S. government hoped companies would want to build wind farms off the Texas coast. No one did.
https://www.texastribune.org/2023/08/29/texas-offshore-wind-farms-leases-gulf-of-mexico-bids/

Rash of Solar Contractor Bankruptcies May Be Connected to Larger Industry Problems
https://www.levelset.com/news/rash-of-solar-contractor-bankruptcies-2021/

The US’s largest solar farm is canceled because Nevada locals don’t want to look at it
https://electrek.co/2021/07/26/us-l...ecause-nevada-locals-dont-want-to-look-at-it/

U.S. Gave a $737 Million Loan to a Failing Solar Energy Plant
https://www.realclearpolicy.com/art..._to_a_failing_solar_energy_plant_829682.html#!

 

[Hawkeye10]

Yea, but the Biden fuck ups don't stop there. His push for more solar and wind is running into a train wreck of companies wanting huge subsidies and refusing to bid on many projects at all...

New York rejects offshore wind, onshore renewables request for larger subsidies
https://www.politico.com/news/2023/...enewable-request-for-bigger-payments-00121231


Blow to Biden as offshore wind auction in Gulf of Mexico fails to stir interest
https://www.theguardian.com/us-news/2023/aug/29/us-offshore-wind-lease-sale-gulf-of-mexico

Offshore Wind Lease Sale in the Gulf of Mexico Had Just One Bid
https://www.instituteforenergyresea...-sale-in-the-gulf-of-mexico-had-just-one-bid/

The U.S. government hoped companies would want to build wind farms off the Texas coast. No one did.
https://www.texastribune.org/2023/08/29/texas-offshore-wind-farms-leases-gulf-of-mexico-bids/

Rash of Solar Contractor Bankruptcies May Be Connected to Larger Industry Problems
https://www.levelset.com/news/rash-of-solar-contractor-bankruptcies-2021/

The US’s largest solar farm is canceled because Nevada locals don’t want to look at it
https://electrek.co/2021/07/26/us-l...ecause-nevada-locals-dont-want-to-look-at-it/

U.S. Gave a $737 Million Loan to a Failing Solar Energy Plant
https://www.realclearpolicy.com/art..._to_a_failing_solar_energy_plant_829682.html#!

Europe is already deindustrializing due to high energy prices and supply problems, it wont be long before that happens here too...this is a part of the death of the West....almost everything good that is happening is happening in BRICS aka CHINA BLOC. Keep in mind that we are starting from a point of low production because we have already given away a huge portion of those jobs...the US economy to a high degree is an illusion, a mirage, which will be collapsing soon.

 

[Hawkeye10]

The Regime does not care about us, they will export energy that we need and they will export food that we need, dont kid yourself.

 

[Into the Night]

For First Time, Oil Likely To Be Top U.S. Export In 2023

https://apple.news/Ai8IOXMysRG-8cqhUS1KXpg

For the first time in 50 years and perhaps ever, the primary oil category will be the United States’ top export when 2023 figures are released early next year.
That is according to my analysis of the most recent U.S. Census Bureau data, which runs through August.
Combined with refined petroleum, which ranks second, and natural gas products, which rank fourth, the United States has quietly gone in a few short years from an energy trade deficit to a surplus.
2023 will mark the fourth consecutive year the value of these three U.S. export categories topped the value of the same three import categories. This year, 54.36% of U.S. trade in oil, gasoline and natural gas has been an export.
Looking at just oil, the percentage growth has been more dramatic.
For the first time, exports in the primary oil category are accounting for more than 40% of all oil trade — exports as a percentage of exports plus imports. That’s a slight deficit. In 2016, that percentage was 8.50%.
The next year, in 2017, the value of U.S. oil exports first topped 1% of all U.S. exports. Through August of this year, that percentage is 5.61% of the more then 1,260 export categories our company, WorldCity, uses to classify export and import commodities.

View attachment 25664

How convenient that you don't include imports against that. We are NOT a net exporter of oil or gasoline. Special pleading fallacy. How typical of you.

 

[Into the Night]

Remember all the attacks on Biden, claiming that he’s stifling US oil production and causing rising oil prices?

FACT:

U.S. oil production has just hit a new all-time high this week. This means that under Biden we are currently producing more oil than any time under President Trump.

Combine this with major increases in solar and wind power production and the United States is shattering all energy production records and making the past administration’s numbers look meager.

Imports are not domestic production, dumbass. We are importing more oil than we are exporting.
Solar power is piddle power. It is not shattering anything (except wallets).
Wind power is piddle power. It is not shattering anything (except wallets).

 

[Into the Night]

If it is, it will be despite Bribem, not because of him...

It isn't happening. We import almost twice as much oil as we export. As is typical of Joe Commie, he fails to discuss the whole story.

 

[Dutch Uncle]

Imports are not domestic production, dumbass. We are importing more oil than we are exporting.
Solar power is piddle power. It is not shattering anything (except wallets).
Wind power is piddle power. It is not shattering anything (except wallets).

Mantra 52 Anal Leakage

One of the "miscellaneous" documents on that site is Into the Night's mantra list.

 

[Dutch Uncle]

How convenient that you don't include imports against that. We are NOT a net exporter of oil or gasoline. Special pleading fallacy. How typical of you.

Mantra 60 Excessive whining. 10 yard penalty

Mantra 1a.

Mantra 4a.

One of the "miscellaneous" documents on that site is Into the Night's mantra list.

 

[Lionfish]

For First Time, Oil Likely To Be Top U.S. Export In 2023

https://apple.news/Ai8IOXMysRG-8cqhUS1KXpg

For the first time in 50 years and perhaps ever, the primary oil category will be the United States’ top export when 2023 figures are released early next year.
That is according to my analysis of the most recent U.S. Census Bureau data, which runs through August.
Combined with refined petroleum, which ranks second, and natural gas products, which rank fourth, the United States has quietly gone in a few short years from an energy trade deficit to a surplus.
2023 will mark the fourth consecutive year the value of these three U.S. export categories topped the value of the same three import categories. This year, 54.36% of U.S. trade in oil, gasoline and natural gas has been an export.
Looking at just oil, the percentage growth has been more dramatic.
For the first time, exports in the primary oil category are accounting for more than 40% of all oil trade — exports as a percentage of exports plus imports. That’s a slight deficit. In 2016, that percentage was 8.50%.
The next year, in 2017, the value of U.S. oil exports first topped 1% of all U.S. exports. Through August of this year, that percentage is 5.61% of the more then 1,260 export categories our company, WorldCity, uses to classify export and import commodities.

 

[Dutch Uncle]

For First Time, Oil Likely To Be Top U.S. Export In 2023

https://apple.news/Ai8IOXMysRG-8cqhUS1KXpg

For the first time in 50 years and perhaps ever, the primary oil category will be the United States’ top export when 2023 figures are released early next year.
That is according to my analysis of the most recent U.S. Census Bureau data, which runs through August.
Combined with refined petroleum, which ranks second, and natural gas products, which rank fourth, the United States has quietly gone in a few short years from an energy trade deficit to a surplus.
2023 will mark the fourth consecutive year the value of these three U.S. export categories topped the value of the same three import categories. This year, 54.36% of U.S. trade in oil, gasoline and natural gas has been an export.
Looking at just oil, the percentage growth has been more dramatic.
For the first time, exports in the primary oil category are accounting for more than 40% of all oil trade — exports as a percentage of exports plus imports. That’s a slight deficit. In 2016, that percentage was 8.50%.
The next year, in 2017, the value of U.S. oil exports first topped 1% of all U.S. exports. Through August of this year, that percentage is 5.61% of the more then 1,260 export categories our company, WorldCity, uses to classify export and import commodities.

View attachment 25664

https://www.1911addicts.com/cdn-cgi...ts.com/attachments/1697460302786-png.1404797/

It doesn't matter if we are 100% oil-self sufficient or 0% since, unless the US-owned oil companies are nationalized, they are free to sell to the highest bidder. The only difference in price is shipping costs.

https://www.insidermonkey.com/blog/5-biggest-oil-companies-in-usa-947118/
5 Biggest Oil Companies in USA

 

[ExpressLane]

America loves President Joe Biden!!!

Yeah Biden depletes the Strategic Petroleum Reserve and a war may break out in the ME. Biden ONLY NOW gets oil production to Trump levels. Biden ignored the Iran oil sanctions and netted ~50 billion in oil money that they are using to finance terrorists like Hamas. Biden restore funding to UNRWA which uses UNRWA to store Hamas weapons and teaches Palestinians to hate and murder Jews. Yeah America loves Joe Bribem.

 

[Into the Night]

Yeah Biden depletes the Strategic Petroleum Reserve and a war may break out in the ME. Biden ONLY NOW gets oil production to Trump levels. Biden ignored the Iran oil sanctions and netted ~50 billion in oil money that they are using to finance terrorists like Hamas. Biden restore funding to UNRWA which uses UNRWA to store Hamas weapons and teaches Palestinians to hate and murder Jews. Yeah America loves Joe Bribem.

Biden didn't get oil production back to Trump levels.