Sunday, June 1, 2025

Oil production

Biden said: Oct 24, 2020 — "Climate change is the existential threat to humanity," the former vice president said. "Unchecked, it is going to actually bake this planet. “It’s the number one issue facing humanity. And it’s the number one issue for me,” At that time the price of gas was 2.17 per gallon and the US was producing 11.2 million barrels of oil per day. By 2022 gas rose to $3.95 and Biden increased oil production to 13 million gallons per day. Next, he took oil from the reserve to help bring down the price. Many concluded that while climate change was a problem it was not as big a problem as four-dollar gas.

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