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I saw conservatives posted the lie that Biden cut oil production. NOPE. It is up in the US. Here is just one article with figures on shale oil.

[bloomberg.com]

Beowulfsfriend 9 Dec 1
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I'd like to LOL at the comments, but they've given me a headache.

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It's not a lie. Oil production is still below pre-covid levels:

12,966,000 barrels were pumped in November 2019 when oil was $59 per barrel
10,809,000 barrels were pumped in September 2021 when oil was $76 per barrel

[eia.gov]
[macrotrends.net]

When the price goes from $59 per barrel to $76 per barrel, you would expect a lot more oil production to come on line and you would expect more than 12,966,000 barrels per month to be pumped in September 2021.

The shortfall is entirely due to Biden Administration policies that are hostile towards oil production and oil transport in the USA.

BD66 Level 8 Dec 1, 2021

Did he cut oil production??

@JeffMurray Yes, he took measures to reduce oil production almost the day he took office:

[cnbc.com]

Then he shut down multiple pipelines:

[cnbc.com]

[newsweek.com]

[audubon.org]

If you can't drill for oil, and you can't transport the oil, you are not going to produce as much oil.

@BD66 Fair enough. I agree that Biden enacted policies that were hostile to oil production. Don't know if I think that's a bad thing though. I spend maybe an extra $10-15 a month compared to a year ago. If that reduces climate effects that save me the same or more later in other costs, sounds like a decent deal.

@JeffMurray I burn about 500 gallons of fuel per year in my car. If gas is $1.50 per gallon more expensive, that's about $750/year or $62.5 per month, but that's just the start. A large portion of what you pay for most everyday items is the transportation costs involved in getting them to the store you shop at or getting them delivered to your door. So higher fuel costs increases the price of almost everything. We're currently paying 6.2% more (on average) for what we need to live than we did a year ago. The inflation rate has not been this high since October 1990, when Saddam Hussein invaded Kuwait and put the world's oil supply in jeopardy. We went to war to stop him. Now we have a President who is unilaterally doing it to the USA. [usinflationcalculator.com]

@BD66 Again, that's not the only concern. If the financial effects of the existential crisis of global warming are softened as a result of these policies, we might be saving a certain percentage of money not losing it. I just don't know. Not sure it really matters to me, specifically, though as I'll likely be dead before I run out of money regardless of the gas prices, have no offspring, and don't give a fuck about all the horrible people that will be left on this shit planet when I go.

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