This video triggered my autism HARD. I never watch the news, so that’s probably why the claims just immediately struck me as intentionally misleading.
Here’s the gist of the video.
Oil prices are not rising in the US due to insufficient domestic production or over-reliance on imported oil because:
1. The US now produces more oil than in previous years.
2. The US produces more oil than it imports.
Neither of these factoids, however, disprove the claim that oil prices in the US are rising due to insufficient domestic production of oil FOR USE IN THE US, which thereby leads to an over-reliance on imported oil.
In other words, it’s conceivable that (1) most domestically produced US oil is exported, and (2) a large enough proportion of oil used domestically in the US is imported (6.1 million barrels imported in 2021 compared to 11.2 million produced, according to CNN), which could thereby lead to price increases.
I looked it up. The US exported 8.6 million barrels of domestically produced oil in 2021. Therefore, if the US produced 11.2 million barrels in 2021, then 11.2 - 8.6 = 2.6 million domestically produced barrels left to use, versus 6.1 million imported…
Therefore, more than half of all oil used domestically in the US is imported. To say that this couldn’t lead to price increases, especially when there are disruptions in global supply chains for two years straight, and now a fucking war, is retarded.
I hate the antichrist so much it’s unreal.