Monday, October 11, 2021

Increase US Oil Production


The US needs to increase oil production back to 13 million barrels per day to begin reducing gasoline prices. 

US Oil & N Gas Production by Month on 2020 and 2021 shows how the reduction in US oil production is driving higher gasoline prices.

Month       Million BBD Reg Gas$

Sep 2021    11.3 est    3.26

Aug 2021    11.3 est    3.06

Jul  2021     11.307     3.04

Jun 2021     11.276     2.96

May 2021    11.334     2.89

Apr 2021     11.230     2.77

Mar 2021    11.160      2.73

Feb 2021      9.883      2.41

Jan 2021     11.056     2.24

Dec 2020    11.084      2.11

Nov 2020    11.121      2.02

Oct 2020     10.413      2.07

Sep 2020    10.868      2.10

Aug 2020    10.558      2.09

Jul 2020      10.956      2.10

Jun 2020     10.420      2.00

May 2020      9.711      1.77

Apr 2020      11.911     1.72

Mar 2020     12.816      2.13

Feb 2020     12.826      2.35

Jan 2020     12.785      2.46

Dec 2019     12.910      2.47

Nov 2019     12.996      2.48

Oct 2019      12.771      2.50

Sep 2019     12.572      2.49

Aug 2019     12.475      2.52

Jul  2019      11.896      2.64

Jun 2019      12.179      2.60

May 2019     12.141      2.73

Apr 2019      12.125      2.69

Mar 2019      11.899      2.44

Feb 2019      11.653      2.22

Jan 2019      11.848      2.15

https://www.eia.gov/petroleum/production/

https://www.statista.com/statistics/204133/retail-prices-of-motor-fuel-in-the-united-states-since-2009/

Norb Leahy, Dunwoody GA Tea Party Leader

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