"US Oil Production Surpasses Trump's Levels, Forecasted to Reach New Records Despite Market Battle"

Despite President Joe Biden's focus on environmental policies and transitioning to a green economy, American oil production has reached record levels under his administration, surpassing the highest point under Donald Trump's presidency. Environmentalists criticize Biden for not curbing oil production, warning that it could cost him support among younger and climate-conscious voters. While Biden has made statements about reducing drilling on federal lands, the number of permits has not significantly decreased. Experts argue that Biden has the power to limit domestic fossil fuel production, but concerns remain about the potential impact on global oil prices and inflation. The administration's approach to oil production has sparked debate over its impact on the economy, climate, and voter support.
- Joe Biden Is Producing More Oil Than Donald Trump Did Newsweek
- Record U.S. oil production sparks battle for market share with Saudi Arabia and OPEC+ MarketWatch
- US oil production forecast to reach new heights despite drilling slowdown Financial Times
- The commodities feed: US Oil output forecasts edge higher FXStreet
- EIA Sees U.S. Setting New Oil Production Record in 2025 | OilPrice.com OilPrice.com
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