USA leads in oil production at least the last 2 years lea co. one of the highest.
Yes Timmy but at what cost if we can’t have a leader that is even competent enough to let us burn natural gas into energy to run a pumping unit but instead we have to burn it at the site and not even use its electricity to run anything! It does NOT help.
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The Department of Energy released their 601 page report on the impact of expanded LNG exports. A fairly short industry view of the report is in the link below, although the environmental press machine had ready their spin as it being a economic and environmental disaster to expand imports. As industry has a chance to digest and respond to the report, expect more to come out about its flaws. Not the I expect this to have any impact on what Trump will do. He will likely undo the permitting freeze promptly.
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And now we find out the Biden Administration suppressed a study that was going to find expanded LNG exports would actually have resulted in a modest decrease in carbon emissions. They buried the draft study and did their “pause” on new permits instead. Way to “follow the science”!
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