US oil production was 12,289,000 barrels/day in pre-pandemic year 2019. In 2021 our production was down to 11,188,000 barrels/day. It is no secret that Biden’s policy has been to discourage US production.
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Tom Evslin: OPEC Plus wants $100/barrel — we need it at $40
US oil production was 12,289,000 barrels/day in pre-pandemic year 2019. In 2021 our production was down to 11,188,000 barrels/day. It is no secret that Biden’s policy has been to discourage US production.