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mahatmakanejeeves

(60,915 posts)
Thu Oct 31, 2024, 12:32 PM Oct 31

US oil output hits monthly record high in August, EIA says

Reuters
US oil output hits monthly record high in August, EIA says

Thu, October 31, 2024 at 1:00 PM EDT 1 min read

(Reuters) - U.S. oil production rose 1.5% in August to a monthly record high of 13.4 million barrels per day (bpd), the U.S. Energy Information Administration (EIA) said in its monthly oil and natural gas production report.

That tops the prior record high of 13.31 million bpd in December 2023, the data showed.

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US oil output hits monthly record high in August, EIA says (Original Post) mahatmakanejeeves Oct 31 OP
I'm sure the planning for environmental collapse Voltaire2 Oct 31 #1
wasn't this supposed lower price?!?! southmost Oct 31 #2
It does increase supply of crude oil. Voltaire2 Nov 1 #3

Voltaire2

(14,700 posts)
3. It does increase supply of crude oil.
Fri Nov 1, 2024, 04:11 PM
Nov 1

So it also eventually is reflected in pump prices of gasoline.

More to the point, we need to leave oil in the ground and transition to sustainable transportation systems. There is an accelerating climate catastrophe. More oil production makes it worse.

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