1. None of those GDP stats change what I said about jackforfreedom's false post >>
"Trump came into office after 6 straight years of economic growth and prosperity."
Actually, Trump came into office after 2 years of SINKING economic growth (GDP), and reversed it upward, in his first 2 years 2017 & 2018, as my BEA V-GRAPHS clearly showed.
2. No, the GDP improved
65.2% from a shutdowns low of 29.9 (2nd quarter 2020) to high of 35.3 (3d quarter 2020)
View attachment 74469
3. Your stats of oil production don't change what I said about oil production plummetting from Trump's last minth to Biden's first month (when he ordered drilling cancellations)
They also don't change the fact that Trump's overall numbers on oil drilling, dwarf Biden's numbers.
Biden's production is a
major reduction from what Trumps production was, and even much more major, when we extrapolate Trump's rising line to January 2023, if he had retained the presidency.
Oil production overall not only increased, during the Trump administration, it soared, and was vastly greater than the production we've gotten with Biden.
Trump production
December 2019
- 402.3 Million Barrels/month
January 2020 -
398.4
And Trump exceeded Biden's top month of
371.2 Million Barrels/month
NINE TIMES, despite the Obama low production influences and later, the pandemic months reductions. And note also that Biden's top production month of
371.2, was recently in August of 2022, when he started increasing production, to try to lower gas prices, as we started getting closer to the 2022 ELECTION.
Biden's 2021 average is
341 Million Barrels/month compared to Trump's
374.
Biden's 2022 average (when he ramped up production as the 2022 election drew closer) wasn't much better >
354.
See monthly oil production stats in this US EIA chart >>>
| | | | | | | | | | | | |
| | | | | | | | | | | | 8 |
2017 | 275,117 | 255,081 | 284,146 | 273,041 | 284,727 | 273,321 | 286,657 | 286,759 | 285,499 | 299,726 | 302,564 | 309,486 |
2018 | 310,032 | 287,870 | 324,467 | 314,996 | 323,491 | 319,216 | 337,814 | 353,154 | 343,298 | 356,767 | 356,583 | 370,284 |
2019 | 367,924 | 326,845 | 369,292 | 364,458 | 376,763 | 366,546 | 368,965 | 387,073 | 377,710 | 397,094 | 390,010 | 402,314 |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
2020 | 398,420 | 372,419 | 396,693 | 357,412 | 301,105 | 313,275 | 341,184 | 327,875 | 327,623 | 324,180 | 335,867 | 346,223 |
2021 | 344,846 | 277,891 | 351,102 | 339,142 | 352,036 | 340,693 | 351,757 | 349,600 | 327,526 | 358,626 | 353,702 | 360,666 |
2022 | 352,449 | 316,851 | 362,725 | 350,052 | 360,503 | 353,918 | 367,164 | 371,339 | 368,040 | | | |
U.S. Field Production of Crude Oil (Thousand Barrels)
AND, if we extrapolate the EIA graph curve of Trump to now (Dec. 2022) if Trump were still president, it would be whopping
580 Million Barrels/month - HUNDREDS of Barrels/month more than Biden ever allowed produced.
U.S. Field Production of Crude Oil (Thousand Barrels)
Look at the graph line where it peaked at
402 Million Barrels/mo in December of 2019. Because of the climb up to that point, there is every reason to believe, that had the pandemic shutdowns not occured,
that rising line would have continued rising exactly as it was already doing. And if Trump had remained president, and we thereby
extend-extrapolate the line to as far as December 2022, we can easily see that it would be at about
580 Million Barrels/mo
(209 million Barrels/mo more than Biden's measly 371 Million).
Go ahead - put a ruler on the line that starts at 2017 when Trump took over, and look at where it goes to for December 2022 > 580 Million
All one need do to see the stark difference between the oil-friendly Trump and the oil-hostile Biden, is look at the NOSEDIVE oil production took between Trump's last month, and Biden's first month (when he issued an EO to halt oil drilling)
Trump's last month in office was January 2021 - production was
344 MB/mo. Bidens first month was
277.
A DROP of a whopping 67 MB/mo
Biden signs executive order pausing federal drilling leases
What will Biden's order mean for the energy industry and the effort to halt climate change?