1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Impending Record U.S. Crude Oil Production

Discussion in 'Environmental Discussion' started by iplug, Jan 29, 2018.

Page 6 of 6
  1. tochatihu

    tochatihu Senior Member

    Joined:
    Apr 10, 2004
    9,171
    3,571
    0
    Location:
    Kunming Yunnan China
    Vehicle:
    2001 Prius
    Strategic Petroleum Reserve apparently now holds 695 out of 727 million barrel capacity. Which is either >95% full, or with space for 32 million barrels more. Depends on how one wishes to view it.

    SPR FAQ also says it was filled at an average price <$30 per barrel. Which one could not shop for currently.

    As current net imports are about zero (post #100), it makes sense not to top off the tank. So my sarcasm @94 seems unfounded. Regret any inconvenience caused. Carry on.
     
    #101 tochatihu, May 25, 2019
  2. iplug

    iplug Senior Member

    Joined:
    Mar 21, 2012
    2,456
    1,704
    0
    Location:
    Rocklin, CA
    Vehicle:
    Other Electric Vehicle
    Model:
    ----USA----
    U.S. hit a peak of 13.1 million barrels per day of crude oil production in recent weeks. That looks to be the record for the foreseeable future. If the SA/Russia output war goes on long enough, that would likely become permanent record.
     
    #102 iplug, Mar 15, 2020
  3. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,677
    15,672
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    Wait for it, wait for it.

    USA subsidies oil production to spank Russia and Saudi Arabia . . . oops I forgot the dominant policy.

    Bob Wilson
     
    #103 bwilson4web, Mar 15, 2020
(You must log in or sign up to post here.)
Page 6 of 6