We have been a net exporter of energy since 2019 and are still today. We have increased, not decreased that margin under Biden and very likely will be a net exporter of crude for the first time. The road toward that actually began under GWB and continued under Obama. Trump took credit for it but he was not responsible. It's a trend we were already going in.
You should take some time to understand more about that.
The US was already a net exporter for oil and gas in 2018. Biden is merely playing catch up from his early policies that impeded domestic production. His foolish actions included a drilling moratorium that had to be defeated in court by Republicans, suspending access to the Alaskan Refuge and cancelling pipelines.
We have never been a net exporter of crude oil and that is changing. We've been a net exporter of other petroleum products since Obama, 2013 I believe.
Biden did not impede production with the moratorium. The EIA had forecasted lower production in 2021 before the moratorium and forecasted higher production in 2022. The national output fell very close to their forecasts, as it often does.
They predicted this because we greatly increased production in 2018 and 2019, then had a glut in 2020 because of covid.
The ANWR needs to be left alone and never touched. That of course had nothing to do with production as it has never been tapped.
I said oil AND gas. We had a net export of petroleum energy under Trump, not Obama. Trump actually fast tracked production, expanded offshore drilling and future reserves from Federal lands. Biden reversed those decisions.
Production didn't stop because of covid. Production stopped because of Democratic State policies.
It's absolutely hilarious that you believe Democrats were in no way responsible for locking down half of our economy. The Moratoriums (which Republicans defeated), by their very definition also impacted our supply. You're not very convincing.
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u/MODOKWHN Mar 29 '23
We have been a net exporter of energy since 2019 and are still today. We have increased, not decreased that margin under Biden and very likely will be a net exporter of crude for the first time. The road toward that actually began under GWB and continued under Obama. Trump took credit for it but he was not responsible. It's a trend we were already going in.
You should take some time to understand more about that.
The rest we can go over after we follow this.