(The Center Square) – U.S. production of crude oil reached the highest levels in 40 months as domestic production returned to pre-pandemic levels.
That’s according to an Aug. 31 report released by the U.S. Energy Information Administration.
The U.S. produced 12.8 million barrels per day of crude oil in June, matching production in February 2020, the month before pandemic shutdowns took place, according to the EIA.
Reuters reported Monday that oil prices increased, in part due to Saudi Arabia’s voluntary cuts in oil production. Saudi Arabia has consistently reduced its oil production since August 2022.
The national average for unleaded gas was $3.81 a gallon on Labor Day, according to AAA. That’s a few cents more than the $3.79 motorists paid last year on Labor Day. The highest recorded average price was $5.02 a gallon on June 14, 2022.
“U.S. Oil Production Returns To Pre-Pandemic Levels”
A Democrat Party LIE, 13 months before the 2024 election.
“Reuters reported Monday that oil prices increased, in part due to Saudi Arabia’s voluntary cuts in oil production. Saudi Arabia has consistently reduced its oil production since August 2022.”
** The oil price increase started on the first day that treasonous, corrupt, puppet president Joe Beijing Biden took office, with his war on U.S. oil production. Under President Donald Trump the U.S. was energy independent and our fuel costs were low.
But Joe Beijing Biden’s masters wanted electric vehicles, so the Joe Beijing Biden administration went on to try and destroy our U.S. oil production.
We all can thank this treasonous, corrupt, puppet president Joe Beijing Biden and his masters for this inflation and the high cost of EVERYTHING due to the Joe Beijing Biden war on U.S. oil production and the treasonous Democrat Party’s ruled congresses insane overspending.
This treasonous, destructive, immoral, woke, socialist Democrat Party, their RINOs and their corrupt, demented puppet president Joe Biden has become our country’s most destructive and deadliest ENEMY!
AND HOW MUCH Is being farmed to other nations, RATHER THAN STAYING HERE< to help reduce the cost to WE the tax payer?