Bloomberg: U.S. Oil Output Tops 12 Million Barrels a Day for First Time
(Bloomberg) -- U.S. crude output soared to new heights in April, highlighting OPEC’s dilemma just days before the producer group meets amid growing geopolitical threats.
A government report on Friday showed U.S. production grew 2.1% in April to 12.16 million barrels a day. Booming shale production from places like the Permian basin of West Texas have enabled U.S. oil output to overtake Saudi Arabia and Russia.
At the same time, trade disputes and escalating tensions in the Persian Gulf have clouded the outlook for the Organization of Petroleum Exporting Countries, which is expected to extend current output cuts next week.
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WNU Editor:Who thought this was possible only a few years ago.
29 comments:
When you remove all regulatory constraints on a polluting extractive business anything is possible. Likely you have not left lovely Quebec to experience the results in these areas of extraction. Visibility is often very low, often looking like dusk even on brilliant clear days. Your nose runs and you cough a lot. Health outcomes are poor and chronic diseases are high vs. Pre deregulation. In short, these areas stink. Having seen the environmental and human health impacts costs of this success I am less then impressed for the people who live under these conditions. However, looking at it from your cowboy capitalist view point it is a tremendous success.
Lucky that you do not have to personally live in it to share in the success.
Who thought it? Frackers out in the sticks of North Dakota and Texas. US govt was last to find out.
Anon, I call bullsheet on your sob story. EPA would be all over that and media would show it. You just lied.
If you guys ever leave your mom's basements and actually see the world as it is you might think differently. I used to kick the crap out of EPA in court working for the majors when you guys were playing with your remote watching FOX.
USEPA sucks and does nothing these days. If it disappeared tomorrow morning things might get better.
Ignorance suits you. Leave the real work for folks who can.
https://wp.me/p92reE-4Oxc
The oil independence is great. The money burn down by frackers is not so great.
The conservative position as espoused by Palin is all the above. That is oil, coal, hydro, nuclear, wind and solar.
The liberal position is wind and solar and raise electricity rates by a factor of 6 or more.
Not only does the link not look anything like the original, it completely obscures the intended link destination. There is no way by looking at the short link that you can tell what the intended target link is. All you see in the short link is the link shortening service site name followed by a string of seemingly random numbers and letters.
Why is this a bad thing? If an internet-based bad guy wanted to trick you into visiting a link that would install malware on your computer, you would be more likely to fall for clicking http://tinyurl.com/82w7hgf then you would be for clicking
- Lifewire
https://www.lifewire.com/dangers-of-short-links-2487975
Only seven million more a day. ππ¦
I did!
Lefties in full outrage mode. Love it :D
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Snivelling
Snivelling
Want to buy a few vowels so that you can increase your pathetic vocabulary?
Snivelling
I love it Snivelling. You are likely white, male, blue collar,poorly educated and blame "others" for your miserable life. You could not hunker up a coherent string of words if you were handed a dictionary. So, you and your buddies can continue to look through the rear view Windows of your pathetic life wondering how you became such a grease spot while looking ahead and hating through boozey and smoke crusted eyelids. You have the world by a single short hair. Don't let go!
Snivelling
See Snivelling, I told you not to let go of that hair! You are a joke and think that anybody cares what you think. It is great fun riling you upπ
We laugh at you on this site just like people laugh at you at home.
Loser.
Snivelling
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Snivelling
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Snivelling
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khnykat'
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