Quote:
Originally Posted by Vermilion Villager
According to the NASDAQ the United States produces 18.4 million barrels of oil today and uses 18.12 million barrels per day. So the US actually produces more oil than it uses.
According to Stastica a company who measures the number of oil and gas wells currently in production on any given day, the number of gas and oil wells in production today is at an all-time high and 2 times more than it was on January 20, 2021 (384 vs 765).
I trust you know what the significance of that particular day is.
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Don't forget to include/exclude the amount of oil the US exports daily
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