Article  US produced more fossil fuel than any country in history during Biden's tenure

#1
C C Offline
Yet more "Mourning Joe" reasons, for some?

Cync's Corner: Kicking and screaming, like heck. Biden was a slyer old dog than the GOP was willing to admit, for campaign reasons.
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(March 11, 2024) United States produces more crude oil than any country, ever
https://www.eia.gov/todayinenergy/detail...61545&s=04

(Dec 19, 2023) The United States is producing more oil than any country in history
https://www.cnn.com/2023/12/19/business/...index.html

EXCERPTS: That the US is about to produce more oil than any country ever before undercuts the argument that Biden has waged a war on American energy...

[...] Last year, gas prices spiked above $5 a gallon following Russia’s invasion of Ukraine, which set off a panic in the oil market. Biden urged US oil companies to pump more oil – exactly the opposite of what climate scientists are calling for.

In March, the Biden administration even approved the Willow oil drilling project, a controversial ConocoPhillips drilling venture in Alaska that had been stalled for decades. That green light came in the face of deep criticism from climate groups worried about the environmental and health risks.

“President Biden has been dragged kicking and screaming from his initial keep-it-in-the-ground strategy towards a more pragmatic policy,” McNally said, noting the administration was “mugged by ... reality...”
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#2
Syne Offline
(Jul 26, 2024 01:48 AM)C C Wrote: “mugged by ... reality...”

Happens a lot to democrats.
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#3
Magical Realist Online
"The counter-intuitive fossil fuel boom under Biden reflects an awkward truth for his supporters and detractors alike ahead of the November elections, proving that what happens in globally interconnected markets like oil and gas is often well outside the immediate control of the person in the White House.

In Biden's case, Russia's invasion of Ukraine pushed oil and gas prices so high that many producers worldwide made record profits, not just those in the United States. The global economic recovery that followed the darkest days of the COVID pandemic also rapidly pumped up demand for fossil fuels.

The profits of the top five publicly traded oil companies, for example — BP, Shell, Exxon, Chevron, and TotalEnergies — amounted to $410 billion during the first three years of the Biden administration, a 100% increase over the first three years of Donald Trump’s presidency, according to data compiled by Reuters....

The White House told Reuters that the high U.S. oil and gas output is helping, not hurting, U.S. efforts to decarbonize the economy because it ensures steady energy supply in the meantime.

“President Biden has led and delivered on the most ambitious climate agenda in history, restoring America’s climate leadership at home and abroad,” it said in a statement. “As we make the historic investments needed to transition to a clean energy economy, record domestic oil and gas production is helping to meet our immediate needs.”-- https://www.reuters.com/graphics/USA-BID...pdngrgkpo/
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