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David Watson 🥑
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Rayyan I. Patwari
@RayyanIslam1
What’s even crazier - Texas alone makes up 43% of the crude oil production of America. If Texas were its own country, it would rank fourth in the world for crude oil production.
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Paul Midler
@paulmidler
Sounds great, but all that oil we used to buy now goes to China. We are fast losing a major ally to Beijing. Not good.
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m will
@mw99456
That’s not oil, that’s “petroleum liquids”, which includes a lot of lighter end products like NGLs that you can’t turn into things like gasoline.
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Jack McClendon
@Jack_McClendon
This is not accurate and includes natural gas liquids which are not the same as crude. The US produces roughly 13 million bopd, so closer to 25-30% more than Saudi. Sincerely and respectfully, Oil and Gas Professional
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Ari Wagen
@AriWagen
wow. fracking, especially in tx, has done a lot here. i would love to see how much production has changed on a per region basis over the last 10 yrs, looking at tx, ok, co, alberta, etc
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Jon Borchardt
@JBorchardtwt
To be fair, Saudi has curtailed production to support oil prices. This policy has benefited US oil producers. If KSA openned the taps tomorrow, US production would be heading south.
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