REPORT: The United States Is Now The World’s Largest Oil Producer

Meanwhile, we can’t even get a pipeline built here in Canada.

As the Canadian energy industry is strangled by horrendous government regulations and foreign groups trying to poison the minds of our citizens against our own oil, the United States is surging ahead.

The U.S. has become the biggest oil producer on earth, jumping ahead of Saudi Arabia and Russia.

So far in 2018, the U.S. is estimated to average 10.7 million barrels per day of production. That’s up from 9.4 million barrels per day in 2017.

The U.S. is expected to grow production to 11.5 million barrels per day in 2019.

According to Oilprice.com, “The Gulf of Mexico and Texas will continue to lead the way in U.S. production, with Texas—and more specifically the Permian—shining particularly bright. EIA’s latest drilling productivity report said production in the Permian averaged 3.387 million bpd in August, and is set to rise to 3.42 million bpd this month. All in all, the shale patch contributed 7.43 million bpd to the national total in August and will contribute 7.522 million bpd to the total in September.”

In the video below, you can see some of the scale of development in the Permian Basin:

While the U.S. surges, the Canadian energy industry is facing a loss of confidence and investment.

The federal government is slamming Canadians with a carbon tax, imposing regulations that make pipeline approvals almost impossible, and are allowing foreign groups to try and turn Canadians against our energy industry while we buy oil from countries like Saudi Arabia.

While U.S. state governments – and now the U.S. Federal government – have shown strong support for the U.S. energy industry, the exact opposite is happening in Canada, and the consequences are clear for all of us to see.

Spencer Fernando

Photo – YouTube

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Mike AllanEd PEEBLESEric BlairNancyWshawn harris Recent comment authors
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shawn harris
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shawn harris

What more can be said, other than this is exactly what Trudeau wanted to achieve, the complete and permanent phasing out of the oil industry in Canada. This is what his Pierre Trudeau visualized, when he first legislated the National Energy Plan in 1980, the complete takeover of the oil industry by using using international events in a very deceitful and destructive way. Just as Trudeau senior used an oil supply crisis to justify nationalizing the oil industry , Trudeau junior, is using climate change and carbon, in the same deceitful way to phase it out. The more Trudeau tries… Read more »

NancyW
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NancyW

The USA is very lucky that they voted in a president that loves the USA and is making America great again, especially hard for him when the Democrat Globalists are fighting him so hard, when they are more guilty than he is. They really didn’t have a choice of who to vote for but knew the Democrats were doing their best to take the USA down, like our Lieberals (globalists) if we want to get up again we need to vote Conservative, they will get our oil lines in and maybe other things to make Canada strong again. I am… Read more »

Eric Blair
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Eric Blair

This information as outlined by Spencer above is what every reader of this website ought to repeat to others (family, friends and those in earshot) out there who are not fully tuned into what is happening to our energy industry. Even some liberals that I am acquainted with have trouble with these facts. You just have to harp away with these facts and create doubt in their minds about Trudeau.

Ed PEEBLES
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Ed PEEBLES

What will their OIL be Worth when all the FRACKING CAUSED EARTHQUAKES start rolling across what was wheat fields,towns and cities ?

Ed Peebles

Mike Allan
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Mike Allan

The shallow thinking of the left will be their demise along with the open minds of conservative thinking views.As our leaders of the opposition are seeing the debt rise uncontrollable and a soon to be the Canadian industry in ruins.Whats it going to take to stop this socialist libtard.Yes they have a slight majority. I truly believe we should have a non confidence vote in the house.If nothing else it will show our displeasure of this agenda 21 project trudeau is offering the Canadian voters.How much longer must we wait before we’re on a point of no return.