About 80% of all world energy is petro-based -- it fuels industrial and agricultural production along with transportation...
We are now the world’s top source of oil and gas and control major distribution flows of petro supplies from around the world.
Our own supplies are formidable.
The U.S. is an absolute energy monster
The U.S. is an absolute energy monster
- Sitting on 46 billion barrels of proved crude reserves (60% still locked in tight rock)
- Permian Basin alone pumps 6.6 million barrels/day, more than every OPEC country except Saudi
- Total U.S. crude: 13.6M barrels/day, the world’s #1 producer, beating Russia (9.1M) and Saudi (9.3M)
- Natural gas? Not even close, record 43.2 trillion cubic feet in 2025, about 25% of global supply.
The U.S. out-produces every petrostate on the planet. -- @hedgeye
- We also control the sale and transportation of oil from Venezuela, which holds 17% of all the world’s known oil reserves...
No comments:
Post a Comment