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Re: US economy [JFHJR]
JFHJR wrote:

Gas prices: Increase domestic production???


Thank you Joe Biden!

Quote:
From January 2021 to the end of September, Biden’s Interior Department approved 74 percent more well permits for oil and natural gas production than the agency had done during the comparable period of Trump’s term, according to figures from the U.S. Bureau of Land Management.

Quote:
U.S. natural gas production has hit record highs, and oil output is expected to reach an all-time high next year. Even with the oil industry’s pandemic slump, the U.S. produced more than 15 percent more oil during Biden’s first 20 months than during the same period under Trump, according to POLITICO’s analysis of numbers from the Energy Information Administration.

All told, the U.S. is still the world’s top oil and natural gas producer, as it had been under Trump, as well as the largest exporter of natural gas, gasoline and other transportation fuels.

https://www.politico.com/...s-biden-oil-00064251
Last edited by: Nutella: Nov 4, 22 10:08

Edit Log:

  • Post edited by Nutella (Dawson Saddle) on Nov 4, 22 10:08