Quote:
Originally Posted by Two Bills
The U.S. Department of Energy's Energy Information Administration reported that American oil production in the first week of October hit 13.2 million barrels per day, passing the previous record set in 2020 by 100,000 barrels. Weekly domestic oil production has doubled from the first week in October 2012 to now.13 Oct 2023
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The US was exporting 2 million barrels/day in 2012. In 2023, the exports are now over 120 million barrels/day. It would appear that much of this extra domestic production is being exported to other countries.
U.S. Exports of Crude Oil (Thousand Barrels)