Jump to content

America is the most energy independent it has been in decades


Recommended Posts

Over the next several years, many regions of the US and Canada may struggle to ensure a reliable electricity supply amid soaring energy demand from the tech industry and electrification of buildings and vehicles

 

Edited by US Egg
Link to comment
Share on other sites

5 minutes ago, US Egg said:

Over the next several years, many regions of the US and Canada may struggle to ensure a reliable electricity supply amid soaring energy demand from the tech industry and electrification of buildings and vehicles

 

 

 

Link to comment
Share on other sites

  • 2 weeks later...

 

https://www.yahoo.com/news/usa-now-producing-more-oil-173047232.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZHJ1ZGdlcmVwb3J0LmNvbS8&guce_referrer_sig=AQAAADqTdWOv1L4LGoTb4UxmIFFIBbOtUVnSQQMSrsOdbG-7STc4awanS26oHVkw-e6NV9QjYQO1qIiQt7kK0qx3nEknbyCY17Oyp5tzqTwkKLesCmk9W5dVpP4jpi0sZ77fZT_zkCrEX6YiS3H-ouJdSQEVTYcVPZMmNNfDkFy0-_sK

 

The US Energy Information Administration (EIA) said in January that US domestic production of crude oil for September 2023 set a new all-time high of 13,247,000 barrels per day. That fact probably deserved more notice than it received given that it was the most oil any nation on earth had ever managed to produce in a single month. The high-tech modern US oil and gas industry is completely transformed.

Even more remarkable is the fact that US producers managed to break the record in November, and then exceed the September number again in December, the most current month for which full data is available. It is likely November’s all-time record of 13,319,000 barrels per day (bpd) has been exceeded at least once again during the first quarter of 2024, as producers find ways to wring more production out of each wellbore.

  • Like (+1) 1
Link to comment
Share on other sites

2 minutes ago, Tiberius said:

 

https://www.yahoo.com/news/usa-now-producing-more-oil-173047232.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZHJ1ZGdlcmVwb3J0LmNvbS8&guce_referrer_sig=AQAAADqTdWOv1L4LGoTb4UxmIFFIBbOtUVnSQQMSrsOdbG-7STc4awanS26oHVkw-e6NV9QjYQO1qIiQt7kK0qx3nEknbyCY17Oyp5tzqTwkKLesCmk9W5dVpP4jpi0sZ77fZT_zkCrEX6YiS3H-ouJdSQEVTYcVPZMmNNfDkFy0-_sK

 

The US Energy Information Administration (EIA) said in January that US domestic production of crude oil for September 2023 set a new all-time high of 13,247,000 barrels per day. That fact probably deserved more notice than it received given that it was the most oil any nation on earth had ever managed to produce in a single month. The high-tech modern US oil and gas industry is completely transformed.

Even more remarkable is the fact that US producers managed to break the record in November, and then exceed the September number again in December, the most current month for which full data is available. It is likely November’s all-time record of 13,319,000 barrels per day (bpd) has been exceeded at least once again during the first quarter of 2024, as producers find ways to wring more production out of each wellbore.

True, and as the WSJ points out today, Biden has been hesitant to call attention to this fact lest he offend his environmental activist base.

I imagine this will be changing soon.

  • Haha (+1) 1
  • Thank you (+1) 1
Link to comment
Share on other sites

On 3/6/2024 at 4:24 PM, BillStime said:

 

I thought the 13 million barrels a day record was common knowledge? Nobody bothers to read up on this stuff and educate themselves before they comment on it? Not surprising.

On 3/12/2024 at 6:15 PM, BillStime said:

Go Brandon GO!

 

 

The US has always been the biggest producer of oil. This is nothing new. The US is the biggest consumer of oil, this is also not new.

Link to comment
Share on other sites

Everyone talks about the looming electricity demand due to the push for EV's.  Most people don't understand that crypto and AI requires large server farms that consume a great deal of electricity.  The US has failed in both the distribution and generation of electricity to even keep up with current demand.  As such, I believe some of these farms will move overseas but a large number (especially AI) will still be in the US.   

 

When it gets to the point of rolling blackouts who do you think will get priority for electricity, the consumers with their EV's or the tech industry with their server farms?  There you go.

 

Below is an interesting article (surprisingly from Wapo) that discuss the upcoming surge in demand. 

 

Amid explosive demand, America is running out of power

"Vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean-technology factories proliferate around the country, leaving utilities and regulators grasping for credible plans to expand the nation’s creaking power grid.

In Georgia, demand for industrial power is surging to record highs, with the projection of new electricity use for the next decade now 17 times what it was only recently. "

 

 

 

Link to comment
Share on other sites

  • 2 weeks later...
×
×
  • Create New...