Probably the 21st most important energy development in the worldSt Over the centuries, many of our policy makers seem to be unaware of the benefits of “frying” for oil and natural gas.
From a supply point of view, US crude oil production jumped from 70 percent to 99 BCF / 150% to 12.3 million B / d in 2008-2019, but from a national security and economic point of view, the United States has a good chance.
Fragrance has made the United States more self-sufficient in energy, since the long list of raw materials required is overseas (for example, “our rare earth” must be 80%) from ruling China).
This is in stark contrast to 65%, 85% and 20% of our imported competitors, namely Germany, Japan and China.
Such improved oil and gas security is America’s national security – sister fuels provide 70% of our energy and, as many say, cannot be displaced.
Natural gas is easy to see, our main source of electricity (40%).
This “affordable gas” has saved US residential, commercial and industrial gas users $ 650 billion in energy costs between 2008 and 2018 alone.
Due to global and domestic shortages, US $ 5 price of gas this summer has caused shock, with prices dropping off the largest gas field in Europe at $ 25.
European gas demand for Q2 2021 jumped 25%, the largest increase since 1985.
The upcoming launch of Nord Stream 2 will give Vladimir Putin more control over European gas supply – he likes the folly of limiting his own supply as European gas increases natural demand.
Frank, in turn, significantly reduced US oil imports and increased our oil exports.
We put the money that went to buy foreign power on the beach in the past. In 2008, we spent about $ 390 billion on oil imports.
According to the U.S. Department of Energy, damaged oil and gas By 2020, we had $ 27 billion in energy profits.
Fraing is unique in that it actually improves the deteriorating U.S. trade deficit: In the first six months of 2021, US net worth was $ 9 billion, and non-energy trade was $ 505 billion (read that again).
Wind and sun, on the other hand, are not explicitly exported, and their generators can only be exported to North America, perhaps to Mexico in small fragments (for example, Canada will send me more hydropower).
The United States, which owns more than 70% of the world’s oil reserves and wants to control its price, sells our imports.
So we, once again, ignore the high cost of crude oil in the Middle East, which is far more expensive than rejection of those competitors.
This gives us low energy costs, which frees Americans from the cost of 70-75% of our gross domestic product.
During all this time, heavy oil from Canada, a neighbor and a great friend, helped push OPEC aside, as the US refining system was designed to handle heavy weights.
Canada has been in high demand since a long period of heavy oil production from Mexican and Venezuelan suppliers.
Simply put, spending less money on OPEC is a moral obligation.
These are fraudulent regimes with oppressive regimes that violate human rights.
In fact, the ESG (environmental, social, and corporate governance) movement, which pushes Western oil companies in the United States and Canada, has “huge holes” in it.
Anti-oil activism gives the global market to other suppliers who are pursuing the opposite agenda that ESG intends to stand for.
So the final split helped the United States stay away from anti-feminist, anti-elite and anti-talk oil suppliers: to top it off morally, the opposition simply ignored it.
A sharp rise has allowed us to impose sanctions on non-violent Iran without increasing oil and gas prices.
And now, our fraudulent export opportunities are helping others break free and limit the influence of these oppressive oil suppliers.
Since oil, the world’s most important fuel, is literally the basis of globalization and human physical investment, investing in oil development may be more “moral” than the opposition – the industry is focused on further reducing methane emissions.
Opposition groups will not tell you this, but American civil rights leaders like Jesse Jackson need more gas, so that struggling communities of color can warm up in the winter – he knows it is already a matter of life and death for our vulnerable. By Cvid-19.
Unfortunately, high-oil, but high-yielding California free markets and Democratic Canadian oil (for example, low-carbon oil standards) have been pushing for national growth by enforcing climate change policies that force us to switch to OPEC oil.
Governors Newsom and Larry Fink, our ESG problem is really here.
And as we continue to hear about the “end of oil”, global demand growth is now overshadowed by new supplies – just as new electricity demand is thriving in renewable energy.
Of course, according to the Red Queen, renewables and electric cars need to run fast just to stay in one place.
A.D. After dropping CV-19 by 8% to 92 million B / d in 2020, the United States Department of Energy will see a global oil consumption record of 101 million B / d next year.
And the fact that oil companies are losing favor because of climate change, and the kid saying, “We should not invest in new oil because the demand for oil is declining,” scares investors and producers, a big rise in prices, and perhaps the next economic downturn.
For us, the sense of “power transfer” is dangerous and fast beyond reality.
Although Biden’s administration has introduced them as a solution, electric cars do not solve high fuel and gasoline prices: electric cars make up 1-2% of our fleet, and the world’s second-largest car manufacturer, though they know they are back, call them “overcrowded.”
While many would like to remind you of the opposite, by the end of August, US oil demand had risen to 22.8 million BD per week — slapping in the face of anti-oil activity that calls for a non-violent energy policy.
Today, 90% of our oil and gas comes from disruptions, and disruption is often a new supply (e.g., I am a bully on the beach).
When we hear about windmills and solar farms displacing oil (because these reforms do not provide electricity while transporting fuel), we are really cut off – 45% of Americans can. Don’t name the three branches of government.
Do you really know more about crumbs?