Political Quotes

“I thank the gentleman for yielding. Mr. Speaker, we have had this discussion before. I am going to take a little bit of time to--because if you just listen to the Republican whip, you would think that America is bereft of production of oil, or of LNG, or of petroleum-based products. I want to go through what America is doing, what the increase has been, and what can be done. First of all, the United States is the largest producer of oil in the world--18.61 million barrels per day. Saudi Arabia is about half of that, at 10.8. Russia is slightly less than Saudi Arabia; Canada about half of what Russia is doing; China about half, a little less than half, of what Russia is doing. So, we are the largest producer of petroleum products. {time} 1245 We import some, and that is largely based on the type of petroleum products that we use. On crude oil we produced 11.6 million barrels in February 2022. The all-time high was 12.9, almost 13 million barrels. When Trump took office, we produced 8.8 billion barrels in January 2017. In 2008, we produced 5 million barrels. We more than doubled that in a decade from that 5 million. Oil production is up more than 700,000 billion barrels from January to December 2021. It is up. It is very substantially up. Oil production is projected to grow more than 1 million barrels this year alone. The U.S. rig count--this is important because these are the rigs that are in operation. The U.S.…”