Comments by "Robert Steele" (@robertsteele474) on "Reporter Presses Psaki On Whether Biden Will Rethink His Oil Policies, Among Fears Of Shortages" video.

  1. There is no energy shortage in the US. This is all smoke and mirrors to cover what is really going on. The US doubled its oil production in 2015-2018 over all previous years. It peaked in Jan--Feb 2020 at 13.1 million barrels per day before dropping to a low of 9.6 million barrels in May 2020 and has been rising since except for a temporarily drop to 10 million barrels per day at the beginning of 2021and is now near 2018 levels at 11.8 million barrels, still double ALL those previous years. The US is on par to return to being a net exporter of oil in 2023 at a record high of 12.6 million barrels a day. The US exports oil out of the US. The US exported more crude oil and petroleum products than it imported during the first half of 2021 by 120,000 barrels per day (b/d), or less than 1% of combined crude oil and petroleum product exports and imports. A temporary 1% deficit does not equal a 20% rise at the pumps. The big five oil companies have their highest profit margins in 7 years, above inflation levels. Oil prices are gas and heating oil are coincidentally at their highest prices in seven years. This whole country needs to wake up and pay attention to the real problem.
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