We don't need their oil. The US is the number one oil producer in the world. Seriously, look it up. We produce more oil than Saudi Arabia or Russia or anyone else.
Except we aren't producing it. Biden would rather let it rot in the ground and gas to skyrocket in price than produce a single extra drop of oil. Seriously, look it up.
AT the peak under President Trump, the US was producing 13.10 Million barrels a day. The pandemic dropped production. In January 2021, production was at 11 Million barrels a day. It has slowly climbed up under Biden and now sits at 13.10 million barrels a day, the exact same it was at under the peak for President Trump.
Yet we still buy millions of barrels from Saudi. We aren't producing enough and this will cause the price to skyrocket. If we don't need that oil, why are we buying it? We need to either increase production or get more from another source. Those are the facts.
If they aren't accepting dollars, it's less gas for us. We won't be able to buy it from them and they are our biggest supplier.
We don't need their oil. The US is the number one oil producer in the world. Seriously, look it up. We produce more oil than Saudi Arabia or Russia or anyone else.
Except we aren't producing it. Biden would rather let it rot in the ground and gas to skyrocket in price than produce a single extra drop of oil. Seriously, look it up.
AT the peak under President Trump, the US was producing 13.10 Million barrels a day. The pandemic dropped production. In January 2021, production was at 11 Million barrels a day. It has slowly climbed up under Biden and now sits at 13.10 million barrels a day, the exact same it was at under the peak for President Trump.
You can see the details here below: https://ycharts.com/indicators/us_crude_oil_field_production
If you have a better source, I'm open to checking it out.
Yet we still buy millions of barrels from Saudi. We aren't producing enough and this will cause the price to skyrocket. If we don't need that oil, why are we buying it? We need to either increase production or get more from another source. Those are the facts.