Page added on January 19, 2019
America’s energy industry continued to expand under President Trump heading into the New Year, with new estimates showing US crude output is on track to exceed Saudi Arabia “at their peak.”
“America’s journey to preeminence in the global oil trade is about to hit another milestone,” writes Bloomberg. “Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot. By mid-year America will go one better.”
“American crude output is poised to expand by 1.1 million barrels a day this year, according to the IEA, which sees the U.S. exceeding the Saudis’ maximum level within the next six months,” adds the report.
The US became the world’s largest exporter of oil towards the end of 2018 after the Trump administration eased restrictions and allowed more off-shore drilling opportunities for American businesses.
64 Comments on "GREAT AGAIN: US Oil Output to Exceed Saudi Arabia ‘At Their Peak’ in Six Months"
Cloggie on Sat, 19th Jan 2019 7:50 am
…and in 20 years time they find out that the Russians were right with their abiotic oil theory and that meanwhile abandoned, “empty” oil fields are 20% filled again.
Davy on Sat, 19th Jan 2019 7:53 am
“The US became the world’s largest exporter of oil towards the end of 2018 after the Trump administration eased restrictions and allowed more off-shore drilling opportunities for American businesses.”
????????please
not me on Sat, 19th Jan 2019 8:01 am
Davy on Sat, 19th Jan 2019 7:53 am
JuanP on Sat, 19th Jan 2019 8:02 am
Ha Ha JuanP. Are you bored yet? go surfing or something
Davy on Sat, 19th Jan 2019 8:10 am
Nedernazi!
There. I just neutered you message and gave you a good bitch slapping.
That means I win the debate. dumbass
Cloggie on Sat, 19th Jan 2019 8:13 am
The US became the world’s largest exporter of oil towards the end of 2018 after the Trump administration eased restrictions and allowed more off-shore drilling opportunities for American businesses.
Sean Hannity probably meant to say “world’s largest producer“, not exporter.
The US is and will remain the world’s third largest oil importer (7.8 mb), after the EU (14.0 mb) and China (8.4 mb)
https://en.wikipedia.org/wiki/List_of_countries_by_oil_imports
not me on Sat, 19th Jan 2019 8:56 am
Davy on Sat, 19th Jan 2019 8:10 am
I AM THE MOB on Sat, 19th Jan 2019 9:14 am
Another fake news story from the king of fake news..And the US isn’t even in the top ten in top oil exporters..And the Saudis are the number one spot..And if you click on the article it references “Bloomberg” story about the central bank president of India..You can’t make this stuff up..Pure fake news from Americans number one watched tv news personality..
Conservatives will believe anything…This is how Trump won the election from fake news..
I AM THE MOB on Sat, 19th Jan 2019 9:32 am
Here is Sean Hannity with another whopper that is pure fake news..
Very bottom of the story
“The US became the world’s largest exporter of oil towards the end of 2018 after the Trump administration eased restrictions and allowed more off-shore drilling opportunities for American businesses.”
And he sites a bloomberg story as a link that is about the central bank president of India..It has nothing to do about US oil production..And makes up a baseless claim that Trump’s deregulation is the reason for this.
https://www.hannity.com/media-room/great-again-us-oil-output-to-exceed-saudi-arabia-at-their-peak-in-six-months/
The US isn’t even in the top ten of worlds largest exporters..And the Saudi’s are by far the largest exporters
https://www.investopedia.com/articles/company-insights/082316/worlds-top-10-oil-exporters.asp
This is how Trump won the election..Via right wing conservative fake news..
I AM THE MOB on Sat, 19th Jan 2019 9:40 am
Hey Clogg
Check out this meme..You will like it..Its from an alt righter..But I have to admit its funny.
https://imgur.com/a/aReDaiR
shortonoil on Sat, 19th Jan 2019 9:42 am
If one is going to tell an outright blatant lie; make it a BIG one. Coal has peaked, NG has peaked, and oil has peaked. Let’s guess who goes broke first!
Cloggie on Sat, 19th Jan 2019 9:44 am
Initiative to sabotage Brexit in the works:
https://www.dailymail.co.uk/news/article-6610031/Remainer-rebel-Dominic-Grieve-unveils-amendment-MPs-power-stop-No-Deal-Breixt.html
Remain is the majority position in British parliament, that is stuck with the outcome of a referendum, carelessly promised by then PM David Cameron.
The rejection of no-deal is also a parliamentarian majority position. These two combined could prevail in parliament, provided it is organised first, behind the back of the closet no-dealer Corbyn.
This would require a coup against the government and PM May.
Goal is to organize a vote against article 50…
and Brexit is history (that rhymes)
Dominic Grieve is the MP behind that wicket plan. Regardless if this is going to work, it could act as a stimulus behind the Barnier-Raab deal, the “only Brexit possible”.
I AM THE MOB on Sat, 19th Jan 2019 10:14 am
Brazil’s Bolsonaro pledges action to ‘restore democracy’ in Venezuela
https://www.reuters.com/article/us-brazil-venezuela-idUSKCN1PC00N
The far right loon wants to be a wanna be Hitler!
Duncan Idaho on Sat, 19th Jan 2019 10:23 am
“Brazil’s Bolsonaro pledges action to ‘restore democracy’ in Venezuela”
That is incredible!
Only “far right loons” could possibly believe this—
Sunspot on Sat, 19th Jan 2019 10:32 am
Here’s the real story: The world is going to be uninhabitable soon from Global Warming, and the US is poised to be the top contributor. We’re number 1. We’re number 1.
Anonymous on Sat, 19th Jan 2019 10:38 am
Reprinting Hannity makes no sense when you could reprint Bloomberg. (You can’t reprint IEA monthly report since it is not public for another 2 weeks)
Also, Hannity article has some flaws:
1. IEA says US will exceed Saudi max capacity, not Saudi record production.
2. Links are messed up (had to Google to find Bloomberg article)
—-
All that said, it sounds like IEA is anticipating faster growth than EIA in 2019.
Cloggie on Sat, 19th Jan 2019 10:47 am
“Here’s the real story: The world is going to be uninhabitable soon from Global Warming, and the US is poised to be the top contributor. We’re number 1. We’re number 1.”
Record COLD winter coming up in Europe:
http://www.spiegel.de/panorama/wetter-in-deutschland-meteorologen-erwarten-mehrwoechige-kaeltewelle-a-1248875.html
Up to minus 20C, could last up to 4 weeks.
For Holland this would mean national mega-event Elfstedentocht:
https://en.wikipedia.org/wiki/Elfstedentocht
Sunspot on Sat, 19th Jan 2019 2:12 pm
Hey Cloggie – What causes winter??? Are you really ignorant enough to suggest that cold weather in the winter is somehow evidence against Global Warming?? Because that’s pathetic…
twocats on Sat, 19th Jan 2019 2:51 pm
its crazy to think that as the world literally burns itself to a crisp that a large portion of the American empire citizenry won’t even have a grasp of basic facts and reality. this really is the most brainwashed pieces of crud to ever float to the top of the food chain.
the “report” link leads to an article about the Reserve Bank of India, sooooo WTF there.
US not even close to top exporter of oil.
US will in no way come close to producing another 1 mbpd in 2019, just be sheer pipeline capacity alone, and certainly couldn’t do it at in a sound economic way.
I AM THE MOB on Sat, 19th Jan 2019 3:25 pm
Clogg may not have moves..
And he may not have style..
But everything he lacks,
He makes up in denial
I AM THE MOB on Sat, 19th Jan 2019 4:49 pm
A false flag is very easy to orchistrate..You just talk to the boss at the top and pay him some money..And he passes the job down the line..
See simple really..
And I have a feeling Putin is going to be hit next..And then its game over for Mother Russia!
I AM THE MOB on Sat, 19th Jan 2019 5:15 pm
Women’s March (2019)
https://i.redd.it/btjqc62dheb21.jpg
Epic!
I AM THE MOB on Sat, 19th Jan 2019 5:48 pm
Website forecast 2/3 die off in the US by 2025 from an economic collapse
http://www.deagel.com/country/United-States-of-America_c0001.aspx
Here is there reasoning behind the forecast.
“The key element to understand the process that the USA will enter in the upcoming decade is migration. In the past, specially in the 20th century, the key factor that allowed the USA to rise to its colossus status was immigration with the benefits of a demographic expansion supporting the credit expansion and the brain drain from the rest of the world benefiting the States. The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension funds. The population will be hit so badly by a full array of bubbles and ponzi schemes that the migration engine will start to work in reverse accelerating itself due to ripple effects thus leading to the demise of the States.
This unseen situation for the States will develop itself in a cascade pattern with unprecedented and devastating effects for the economy. Jobs offshoring will surely end with many American Corporations relocating overseas thus becoming foreign Corporations!!!! We see a significant part of the American population migrating to Latin America and Asia while migration to Europe – suffering a similar illness – won’t be relevant. Nevertheless the death toll will be horrible. Take into account that the Soviet Union’s population was poorer than the Americans nowadays or even then. The ex-Soviets suffered during the following struggle in the 1990s with a significant death toll and the loss of national pride. Might we say “Twice the pride, double the fall”? Nope. T
he American standard of living is one of the highest, far more than double of the Soviets while having added a services economy that will be gone along with the financial system. When pensioners see their retirement disappear in front of their eyes and there are no servicing jobs you can imagine what is going to happen next. At least younger people can migrate. Never in human history were so many elders among the population. In past centuries people were lucky to get to their 30s or 40s. The American downfall is set to be far worse than the Soviet Union’s one. A confluence of crisis with a devastating result.”
http://www.deagel.com/country/forecast.aspx?pag=1&sort=Population&ord=DESC
makati1 on Sat, 19th Jan 2019 6:07 pm
MOB, your Russophobia is getting worse. Nothing is going to happen to Putin and Russia is going to continue to grow and become even more independent. After all, Russia has the most natural reserves of all of the world’s countries, plus low debt, low population to land ratio, etc.
Yes, they have a hard winter, but they are used to that and they have plenty of FFs to keep them warm. As the climate changes and the world warms up, their winters will get milder whereas, the US summers will get hotter and dryer. But, keep sucking up that USMSM propaganda. Stay a dumbed down tax serf.
makati1 on Sat, 19th Jan 2019 6:14 pm
Sunspot, Cloggie hasn’t noticed that most of Australia has had 110F/40C plus temperatures for the last few months. It is about the size of Europe. Of course it is summer down under, but it is getting hotter and dryer, not colder, there.
My native Pennsylvania is getting sub freezing temps now but it is in the 80s here in the Philippines. Averages, not specifics, but he is unable to comprehend that, I guess.
https://earth.nullschool.net/#current/wind/surface/level/overlay=temp/orthographic/loc=137.836,-24.921
makati1 on Sat, 19th Jan 2019 6:20 pm
twocats, only a dumbed down, brainwashed people like Americans would believe the bullshit posted as fact out of US government agencies. Only people like Americans would accept a military that blows trillions and never has to account for one cent. Only Americans would put up with the freak sideshow called the US Congress. I grew up in the real America in the 50s and 60s. What is called America now is a sick joke.
I AM THE MOB on Sat, 19th Jan 2019 6:55 pm
Mak
Russia has a GDP the size of Italy..And there oil production is peaking very soon..I have shown you numerous references but you just deny them all..You are a close minded bigot and proud of it..Any information you don’t like is just dismissed as propaganda..
And China goes bankrupt they will have to beg, borrow or steal to survive..And I bet their take over your little shit hole island..
makati1 on Sat, 19th Jan 2019 7:26 pm
MOB, and you know all of this how? USMSM numbers and bullshit? You are to young to realize that, not long ago, Russia and China were US’ buddies and the good guys. That changed when the Us started to fail and became desperate to start a war to distract the serfs from the declining standard of living. The US has been about resource plundering and murder for the last 20+ years.
You should stop trying to compare apples and oranges. Italy is deep in debt, no resources and is being overrun by immigrants from the US wars of choice in the ME.
Russia has a sound economy, is moving away from the USD, has all the resources it will need to keep growing and a military far ahead of the antique one America has.
Not to mention that China backs it up and is one of it’s biggest customers. Another nuclear country, not some 3rd world desert.
You resort to name calling and putdowns when you know that all you have to back up your claims is more bullshit. “I have shown you numerous references but you just deny them all.” Pure hypocrisy, MOB. Americans are good at that.
I guess we will have to wait and see what happens. I put my money on China and Russia standing long after the US goes down. American arrogance and hubris is NOT a winning hand MOB and the US is full of it.
Chrome Mags on Sat, 19th Jan 2019 7:30 pm
When extremely cold temps occur in the winter in some region south of the Arctic, it is often due to an unorganized polar vortex, resulting from reduced temperature difference between the artic and the tropics.
The polar vortex – high upper atmosphere winds that use to circle the Arctic, but in recent years have become disorganized and broken up. So it’s actually a situation wrought with irony, as someone that is in GW denial may think wow the world sure is getting cold, when in reality it was GW that caused the arctic cold to descend out of the Artic and into their neighborhood, and at the same time allowed warm air to invade the Arctic and melt more ice.
But don’t try to explain that to them because it’s too complex.
I AM THE MOB on Sat, 19th Jan 2019 7:39 pm
Mak
IEA: Russia’s oil output to reach its peak in 2020
http://vestnikkavkaza.net/news/IEA-Russia%E2%80%99s-oil-output-to-reach-its-peak-in-2020.html
Russia’s Peak Oil Production Could Be Just Three Years Away
https://oilprice.com/Latest-Energy-News/World-News/Russias-Peak-Oil-Production-Could-Be-Just-Three-Years-Away.html
Russian Oil Production Outlook to 2020
https://www.oxfordenergy.org/wpcms/wp-content/uploads/2017/02/Russian-Oil-Production-Outlook-to-2020-OIES-Energy-Insight.pdf
I AM THE MOB on Sat, 19th Jan 2019 7:42 pm
Mak
China’s looming great wall of debt may have ‘major global implications’
https://www.abc.net.au/news/2019-01-20/chinas-looming-great-wall-of-debt/10713614
That isn’t US media..So no slandering the messenger..LOL
Mitch on Sat, 19th Jan 2019 7:47 pm
That would be a serious bummer for all of the countries who are reliant on Russian oil and gas MOB. For Russia? Not so much.
makati1 on Sat, 19th Jan 2019 7:48 pm
MOB, you can quote all of the oily numbers you want, but that does not change the fact that the West, and its wannabees, is going down. the East is rising. You ref governments and financial advisor/investor sites that have their own $pin and need$. I watch what is really happening in the world like … pipelines and ports.
Have you noticed that neither are being built in the US? Why? Because it is dying. Where ARE they being built? Russia/China/Europe/ME. Natural gas is replacing oil in most uses. As oil declines, NG will replace it.
But, the US cannot build a pipeline to Europe or Japan or any other potential customer so it is out of luck. All it can do is try to stop them from buying from Russia. Look at the big picture, MOB. Take off the blinders. See reality.
makati1 on Sat, 19th Jan 2019 7:57 pm
MOB, ABC is NOT US? How about all of the US sources quoting under the pics?
Did you read the article or just jump to conclusions from the headline? It uses a lot of “maybe” and “might” and “could” but no definites. Why, because it is just fearmongering to the US public who are too stupid to think for themselves. .
“Dr Laurenceson said it was unlikely a Chinese financial crisis would lead to a catastrophic, US-style market collapse and cause the next global financial crisis. “This means that rather than a collapse, if the root causes aren’t addressed, China’s growth rate will just slowly grind down for the foreseeable future,” he said.”
BTW: Mr Laurenceson is an Australian, a lap dog to the US. Not reliable any more than any other US source. Think, don’t react, MOB.
DMyers on Sat, 19th Jan 2019 7:59 pm
“I bet they take over your little shit hole island.” The question here is why China would want to overtake a little shit hole anything? Little shit holes are more likely liabilities than worthwhile assets.
The P’s are either much more than a little shit hole, or they are of no interest to China. I don’t care which is the case, but logically that is the situation at hand.
Mitch on Sat, 19th Jan 2019 8:35 pm
According to this website (which our government pays close attention to), our country is going to experience rapid decline.
http://www.deagel.com/country/United-States-of-America_c0001.aspx
Anybody that is wealthy enough to have alternative arrangements would be wise to get out of here soon.
I AM THE MOB on Sat, 19th Jan 2019 8:47 pm
Mak
The US is China’s largest trading partner..So when the US collapses so will China..
This isn’t rocket science..But I now you old timers are slow..
I AM THE MOB on Sat, 19th Jan 2019 8:48 pm
Mak
Oil is used for 95 percent of the worlds transportation..And transportation doesn’t run on gasses..You ignorant fool.
makati1 on Sat, 19th Jan 2019 8:56 pm
DMyers, MOB doesn’t realize that the Philippines is already commercially Chinese. There is no reason for China to “take over” anything here. They already own most of the banks and large buildings. The Chinese have been here for centuries and have been intermarried with Pinoys for generations. The world’s oldest Chinatown is now part of Metro Manila.
The Philippines has nothing China wants, but it does fall under the Chinese missile umbrella, so I feel it is a good place to be. Most of the things we buy here are made in China. MOB is just a frustrated American. No money. No job, No life. A zero.
makati1 on Sat, 19th Jan 2019 8:59 pm
Mitch, you can live in the Philippines, and English speaking country for a fraction of the cost in the US. If you are at least 35 and have some money to invest or an income over $800 per month (Like SS) you can retire here on a special visa. (SRRV) I have been here for over 10 years and can recommend it to anyone wanting to get out of Dodge.
makati1 on Sat, 19th Jan 2019 9:11 pm
MOB, you cannot rebut without showing you ass … er … immaturity. And what you say is pure bullshit in so many ways. NG is taking over many modes of transportation. Certainly oil will provide enough fuels for transportation as they are less than 25% of energy use in the world.
https://www.maritime-executive.com/article/transport-uses-25-percent-of-world-energy
As for the US: (2017)
Petroleum use – 37% of energy
Natural gas use – 29% ”
Other – 34%
https://en.wikipedia.org/wiki/Energy_in_the_United_States
As the economy slows, there will be less transport needed. Certainly there will be enough to keep things moving, but not as much and not as cheaply. Think MOB. Don’t parrot bullshit.
As for China going down with the US, you may wish but ti will not happen. China has it covered … with gold. The US has it covered with bullshit.
makati1 on Sat, 19th Jan 2019 9:19 pm
BTW MOB, Chicago weather says sub freezing temps and blowing snow for the next four days. Guess it’s no fun going outside. You can commiserate with your daddy Davy. He’s enjoying similar weather.
Sunny and in the 80s here for the foreseeable future. 70s at night. LOL
makati1 on Sat, 19th Jan 2019 10:55 pm
Closer to midnight on Thursday?
“Trump Driving Doomsday Clock Towards Midnight”
“Next Thursday, 24 January, should the atomic scientists push forward the Doomsday Clock, it will be a third successive year it has progressed towards midnight (apocalypse). The Doomsday Clock is currently set at two minutes to midnight, as advanced a position since 1953, when America and the Soviet Union were each testing massive hydrogen bombs….
The US is also a state lacking in maturity and prudence, chained to an inability to halt incessant technological advancements; no matter how harmful and outlandish they are, from militarization of space to indestructible submarines and drone warfare….
On a per capita (per person) basis, the US is comfortably the planet’s largest carbon emitter.’
https://www.globalresearch.ca/trump-driving-doomsday-clock-towards-midnight/5665788
Slip slidin…
makati1 on Sat, 19th Jan 2019 11:03 pm
More proof if the Great Leveling in America…
“There is a false notion that paper currencies are the life blood of the establishment and that they (Central Banks) will seek to protect these currencies at all costs…
The king of this delusion is the US dollar. As the world reserve currency it is thought by some to be “untouchable”, a pillar of the globalist structure that will be defended for many decades to come. The reality, however, is that the dollar is nothing more than another con game on paper to the globalists; a farce that they are happy to sacrifice in order to further their goals of complete centralization of world trade and therefore the complete centralization of control over human survival…
How do they plan to make the shift from the current fiat paper system to their “new world order” economy? First and foremost, they will seek a controlled demolition of the dollar as the world reserve currency…
There is a delusion within the American mainstream that even if such an event were to occur, the transition could be handled with ease. It’s fantastical, I know, but never underestimate the cognitive dissonance of people blinded by bias…
The Fed’s purpose is to create a crisis. The Fed’s goal is to cause a crash. The Fed is a suicide bomber that does not care what happens to the US system…
I predict according to the current pace of the trade war and Fed liquidity tightening that de-dollerization will hit the mainstream by 2020. The process of “resetting” the global monetary system would likely take at least another decade to complete. The globalist preoccupation with their “Agenda 2030” sustainable development initiatives suggests a decade long timeline.”
https://www.theburningplatform.com/2019/01/19/will-globalists-sacrifice-the-dollar-to-get-their-new-world-order/#more-190436
Slip slidin’… Are you prepared?
Cloggie on Sat, 19th Jan 2019 11:31 pm
“2/3 die off in the US by 2025 from an economic collapse”
My sincere condolances, mobster.
Cloggie on Sat, 19th Jan 2019 11:36 pm
“DMyers, MOB doesn’t realize that the Philippines is already commercially Chinese. There is no reason for China to “take over” anything here. They already own most of the banks and large buildings.”
Were it not for these US military bases at China’s doorstep…
makati1 on Sun, 20th Jan 2019 12:18 am
But which ones, Cloggie? The closest is Okinawa, Japan at 1,100 kilometers (700 miles). Then Guam and S.Korea at 2,000 kilometers (1,500 miles). From my farm it is even farther. ALL are under the Chinese missile umbrella and none are over a few minutes from China by hypersonic. Especially Japan and S.Korea.
Whereas, you are minutes from any Russian missiles. And in a close packed concentration of targets. You are much closer to the bullseye than I am. I’m at least 100 kilometers from any Philippine target, but no one is going to waste ammo on a country with nothing useful to war. The US Navy cannot even get close to the Philippines in a war and they know it.
I’ll take my location over yours any day. You could not pay me to live there or the US.
Cloggie on Sun, 20th Jan 2019 12:47 am
https://www.manilatimes.net/us-military-bases-disguised-as-philippine-bases-are-here-again/394051/
“So 25 years after the US bases were closed down and the facilities were converted to civilian commercial use and Clark and Subic Naval Base became boom cities boasting hundreds of factories, hotels and malls, the bases are back. They are hiding behind a fig leaf claiming that they are not US bases but within Philippine military bases. It’s just a charade. The US troops stationed there will be likely out and about looking for recreational entertainment with sex and will join the already thriving mob of sex tourists that are abusing our young women and children with impunity.”
You are right about my native Eindhoven being locked in between two US nuclear bases Volkel and Kleine Brogel, but I expect the US to fall apart after Trump, so with some luck we are going to survive without these fire-crackers going off.
makati1 on Sun, 20th Jan 2019 1:34 am
No, they are not back, Cloggie. The Ps still have independent newspapers and sites, unlike the US. True there are some US military in Mindanao, but only a few as “advisors”. They got permission to keep some supplies in Filipino military bases from the previous president, but they have none of their own. Be careful what you read and put it into perspective. Us occupation 30 years ago was over 4,000, plus 6,000 dependents, not a few hundred. And Subic was 100 square miles, not a few warehouses.
The part about Americans abusing Filipinas is correct and one of the reasons the US got kicked off their bases long ago and will not be welcomed back. They are not liked by the citizens. WIKI has a bastardized account of the US military in the Philippines, mentioning only the pluses and not the many negatives.
You have to understand that not all Filipinos like Duterte and there are all kinds of negatives in the news. The US brainwashed Filipinos, like their last few US ass kissing presidents, are upset that they are out and a Filipino who never went to US brainwashing institutions called “colleges” is in and changing things.
BTW: The Russian Navy and the Chinese Navy now make calls at the once US base and China is thinking of buying into the ship building facilities there. China and Russia moving in and the US holding on by the skin of it’s teeth. Perspective. Always perspective. LOL
DerHundistLos on Sun, 20th Jan 2019 3:57 am
Trump dispatches anti-abortion high school protestors to Washington, then youth begin assaulting and taunting elderly Native American Shaman and Spiritual Leaders~~~~~~
https://www.washingtonpost.com/religion/2019/01/20/opposed-dignity-human-person-kentucky-catholic-diocese-condemns-teens-who-taunted-vet-march-life/?tid=ss_mail&utm_term=.38f51fce18fc