United States domestic oil production hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders.
Weekly domestic oil production has doubled from the first week in October 2012 to now.
White House officials have long considered increased oil production inside the United States as a bridge to help soften the transition to renewable energy sources.
She said U.S. oil is less carbon-intensive than other oil, an argument the UAE’s oil company also makes.
“Demand drives production — we need to change the whole system to reduce oil demand.”“Replacing oil in power production is a lot easier than replacing oil in transportation,” Gross said in an email.
Persons:
Biden, Bill Hare, Hare, ”, John Sterman, Rob Jackson, “, ” Jackson, Samantha Gross, ” Gross, ” Stanford’s Jackson, ” Jared Bernstein, ” Bernstein, “ They’ve, They’ve, Joshua Boak, ___ Read, Seth Borenstein
Organizations:
Biden, U.S . Department of Energy’s Energy, Administration, United Nations, United Arab Emirates, Exxon, Mobil, Cote d’Ivorie, Interactive, ” Stanford University, Carbon, White, Brookings Institution, Energy, EIA, Republican, House Energy, Commerce, American Energy, White House Council, Economic Advisers, Wildlife, Associated Press, Washington , D.C, Twitter, AP
Locations:
U.S, Norway, Australia, United Kingdom, Canada, France, Shell, Guyana, Cote, United States, Saudi Arabia, Alaska, Washington ,