Economy

#WINNING: US OIL PRODUCTION Set to Shatter Record, not Seen Since 1970, Under Trump Administration

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#WINNING: US OIL PRODUCTION Set to Shatter Record, not Seen Since 1970, Under Trump Administration

Trump is making America great again on every level.

Image result for trump thumbs up

Eight months in, and the Trump administration is making substantial progress with the economy and job market.

America has been overly dependent on foreign countries for oil, and part of Trump’s campaign promise included increased oil production right here in America.

..and guess what?

It’s happening.

Via 

U.S. oil production could reach never-before-seen heights by the end of President Donald Trump’s second year in office, according to the Department of Energy’s statistical arm.

The Energy Information Administration (EIA) “expects crude oil production to reach an average of 9.9 million b/d, which would surpass the previous record of 9.6 million b/d set in 1970.”

Most of the increase in production would come from Texas hydraulic fracturing operations and offshore rigs in the Gulf of Mexico, according to EIA. In fact, Texas’s Permian Basin alone is expected to churn out nearly one-third of U.S. oil production by 2018. Permian production is expected to increase even if oil prices remain below $50 a barrel.

It’s about time that America depended on no one but ourselves!

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