US Oil production is predicted to reach an all time high this year. "The EIA said that this year, (USA) oil production will hit 12.8 million bpd, which it called an annual record, and grow further to 13.1 million bpd in 2024, which would be another record"
Woo hoo, Joe must be gushing over this gusher. Good ol' Joe and his green new deal. Looks like he took Trump's advice, again ... drill, drill, drill.
The US SPR is used in case of emergency. They've been tapping it for over a year. What are they not telling you? Using it has (paradoxically) caused an underinvestment in Shale Oil investment. US Oil production is set to fall by 20%-30% in 2025, which is 5 to 10 times worse than the 1980 Oil embargo which wreaked havoc on the economy.
Cracks are showing in the US economy and like China, is experiencing its own commercial property bust.
Putin and MbS now control the price of Oil (PoO). China is importing record amounts.
Of course there is one remedy to the US sovereign debt crisis ... destroy and take over Russia.
Beware. War starting false flag being generated.
Fun Fact: The Nordstream pipeline destruction was the largest climate damaging event in recent history. Whodunnit?
Climate change is occurring. A major change in the political climate.
Now western governments are introducing energy consumption laws and even planning to imprison climate change denialists. Sounds familiar?
The weather climate is always changing and dependent on our Sun's activity ... and exacerbated by human activity. Now the world is transitioning to the western lifestyle. How bad was Nord Stream damage? The two Nord Stream pipelines were estimated to have contained enough gas to release 300,000 tons of methane — more than twice the amount released by the 2015 Aliso Canyon leak in California, the largest known release of methane in U.S. history.
How bad was Nord Stream damage? The two Nord Stream pipelines were estimated to have contained enough gas to release 300,000 tons of methane — more than twice the amount released by the 2015 Aliso Canyon leak in California, the largest known release of methane in U.S. history.
The high cost Oil sands of Canada an option but economically uncompetitive. Trump's plan was to create the North American trading bloc, USAMCa (USA, Mexico, Canada). Energy, technology and food independent.
