Under President Trump, the United States became the largest producer of oil in the world.
In 2019, the U.S. produced 12,248,000 barrels per day (bpd), topping Saudi Arabia, which produced 12,000,000 bpd, according to the U.S. Energy Information Administration. Russia produced 10,800,000 bpd, while other nations in the Organization of the Petroleum Exporting Countries (OPEC) were far behind: Iraq at 4,451,516, Iran at 3,990,956 and Kuwait at 2,923,825.
But things might be changing under President Biden.
At the end of December, Saudi Arabia announced it would cut production by one million barrels per day, which will drop global supply for February by about 1%. The move is intended to reduce supply with diminished demand, which has dropped due to the COVID-19 pandemic.
Already, drivers are starting to see the effects of reduced supply. The average U.S. price of regular-grade gasoline jumped 10 cents a gallon over the past two weeks to $2.45, according to The Associated Press — and 13 cents since the beginning of the year.
Biden said he wanted to ban oil and 81 million Americans agreed with him. Gas will be 4.50 a gallon by summer. Transportation secretary said it’s just a start to save the world. He personally commutes in a private jet.
Dear Biden voters,
Proud of yourselves for voting this fool in?
Well funny – I watched the Patriot the other night he made a quote that is SPOT on in this movie….
“Howard, why should I trade one tyrant three thousand miles away for three thousand tyrants one mile away? An elected legislature can trample a man’s rights as easily as a king can.”
When the sheep that voted for biden really get hurt in the pocketbook, and are told what to drive, how much they can drive, where to live, what to eat yet .. they might finally wake up… but it will be too late…the damage is already done.
6:59. I doubt it. Anyone that voted for Biden is just plain brain dead. They won’t even know or care when their rights are taken away. #cantfixstupid
So true 4:06! Look at all the Dumbocrats in his ear…Rice, Kerry and Hildabeast! You know the puppet master to controlling the strings…Obammy.
All Biden’s Fault , Killing Trumps Great Progress !!!! Killing Pipelines , Gas Cars , Fracking , you name it !!!!
Charge ALL Democrats 50 cents MORE a Gallon !!!! ALL THEIR fault !!!
All YOU Dummocrats can buy my gas !!!!
With Biden Pushing Electric Cars Mandate > That’s WHY !!!
Between Now & when Gas cars are Banned it will SKYROCKET to $10.00 a Gallon or MORE
You will be STUCK with a car You Can’t use anymore , so You have to BUY one of those expensive
electric ones too !!!! For those Who had your car Paid off , that sucks , esp if you are Retired !!!!!
This is WHY you see All the BIKE lanes being put in Everywhere > That’s for the Poor people !!!!