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Re: The United States Was Energy Independent in 2019 for the First Time Since 1957. 

By: CTJ in 6TH POPE | Recommend this post (3)
Sat, 23 Jan 21 4:55 PM | 31 view(s)
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Msg. 11798 of 60008
(This msg. is a reply to 11754 by CTJ)

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Saudi Arabia recently announced plans to cut oil production by 1 million barrels a day in an attempt to drive up global oil prices.

What do you think Diesel, Gas and Heating oil prices be this time next year?


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The above is a reply to the following message:
The United States Was Energy Independent in 2019 for the First Time Since 1957.
By: CTJ
in 6TH POPE
Sat, 23 Jan 21 5:54 AM
Msg. 11754 of 60008

Biden's energy policies will ensure that within a year we will again be depending on energy from overseas.
Which means:
more endless wars
more overseas deployments for our troops
more dead American soldiers.
more wasted tax dollars spent in other countries. 


U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years. Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or export energy, but that we produced more energy than we used. One can thank the oil and gas industry and its use of hydraulic fracturing and horizontal drilling for that milestone as production in those industries increased a combined 11 percent in 2019. Total U.S. energy production increased by 5.7 percent in 2019 while U.S. energy demand decreased by 0.9 percent. The United States produced 101.0 quadrillion British thermal units (quads) of energy and consumed 100.2 quads last year. Fossil fuels accounted for 80 percent of both energy consumption and production in 2019.

click here for the rest of the article.
its a pretty good read!

http://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/the-united-states-was-energy-independent-in-2019-for-the-first-time-since-1957/


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