Comments by "HKim0072" (@HKim0072) on "How The U.S. Is Pumping More Oil Than Any Country In History" video.

  1. USA! USA! USA!
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  2. The renewable slows crude growth. Global oil use is only up 2% over a 4 year period (2023 vs 2019). US oil production is weakening OPEC+ control on the pricing markets.
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  3.  @francismarion6400  Actually, no. The bulk of our imports come from Canada / Mexico. You need to brush up on oil types. We have a lot of light sweet. The US imports more the heavy sour types. The US will remain a net exporter of petroleum products through 2050, according to the 2023 Annual Energy Outlook (AEO2023) from the US Energy Information Administration.
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  4.  @darkwoodmovies  These people don't travel outside the USA. And, they wouldn't be able to convert from liter.
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  5. Dude - we don't have power companies that run on crude. It's natty, coal, nuclear or renewable.
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  6. lol, how do you skip Florida?
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  7. Side note: Biden releasing the SPR + oil companies pumping like crazy broke OPEC. They've been slashing output (on paper) and prices continue to fall. Oil prices back to 2018 levels.
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  8.  @ichigo2012hollowmask  Dems are oil doctors and take the "hypocratic" oil oath.
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  9. It's not really a subsidy anymore. It's an accounting treatment advantage. They can expense instead of capitalize. Essentially, write down their profits now instead of over time.
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  10. Saudis put a lot of US companies out of business in the mid-2010s by overpumping (intentionally).
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  11. lol, no. In 2023, crude oil production reached a record-high 12.9 Bpd in the United States.
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  12.  @francismarion6400  Stop guessing and do some actual research. Venezuela total production is under 1 Mpd.
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  13.  @francismarion6400  Who cares? They are maxing production at 900K b /d. We have them on the books for 188K which is 3% of imports. Guyana is going to outproduce them soon and that is new fresh oil to the market. Why are you so obsessed with Venezuela? It's tiny to the total global market and isn't critical to the US import number.
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  14.  @diegof8853  lol, dude. You need to go to "crude oil school". It's laughable you are suggesting Venezuela oil can replace Saudi oil. Thanks for the chuckle.
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  15.  @diegof8853  You really are clueless and have no idea what type of oil that Venezuela has. Do you even know there are different types of crude and how the scale works?
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  16.  @DanielSilva-jj2lz  The guy is clueless and doesn't realize that Canada has a massive supply of heavy sour. And, Mexico produces it as well.
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  17.  @ecognitio9605  It's important to our national security as an American.
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