1y ago

US oil and gas production surged to record highs under both Trump and Biden-Harris, despite very different energy goals.

theconversation.com

US oil and gas production surged to record highs under both Trump and Biden-Harris, despite very different energy goals

17 comments

Why does the headline specify Biden-Harris but not trump-Pence?
- Because Harris is running for president and Pence is just running from a noose.
I wonder why? Renewables are at an all time high, and people are starting to buy electric cars and lawn equipment. Where’s the extra demand coming from? Is it related to cars getting bigger and bigger?
- With the invasion of Ukraine, there’s been a big push in the US to produce to help stabilize global energy prices.
- @reddig33 @101 The US continues to reduce its use of coal as an energy source, plus exports of LNG to Europe increased significantly as they reduced their own consumption of Russian oil.
"The Biden-Harris administration focused on replacing them with clean energy."
Did they though? I don't know how record fracking approvals and 100% tariffs on EVs help with that.
Wonder how that happened what?!?!?!?!?!??!!?!!?!??????!! It's almost like: Different energy goals; Same monetary goals.
- It's fracking. Domestic oil production has increased because it's gotten cheaper and easier. This has been happening for a long time now.
I’d really like to know the long term affect of Biden policies ….. I hope it’s to turn this travesty around. I understand we’re currently in record “drill baby, drill” territory here but many of these are long term decisions and the article did note several limiting factors achieved by the Biden administration. Clearly it’s not helping in the short term but will it in the long term?
Given Russia’s invasion of Ukraine and the need to support allies foolish enough to depend on Russian gas, I’m even fine with an intentional temporary increase, but it’s got to be winding down and reversing asap
Gas prices are rumbling. OPEC is busy trying to prop them up.
- But OPEC propping up prices is actually them reducing production, isn't it?
  
  I don't think they've quite decided what to do. Some say that there is really nothing they can do. The problem is soft demand from China and huge US production
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17 comments