The United States Surpasses Saudi Arabia As World’s #1 Petroleum Producer In November

fracking-protest-nyc-537x357

Here’s the chart, via Mark Perry:

oil-600x442

From the post:

Thanks to the significant increases in shale oil production in North Dakota and Texas, total oil output in the US expanded by more than 7% between August and November, while output in Saudi Arabia fell by 4% during that period. Those trends brought “Saudi America’s” oil output in November (11.65 millions bbl/d) above Saudi Arabia’s oil production (11.25 million bbl/d) by 400,000 barrels per day, and is the first time in more than ten years (since August 2002) that the US has produced more petroleum products than Saudi Arabia. Although there are certainly variations in oil production that could mean that the US won’t continue to out-produce Saudi Arabia in every month, the upward trend in US oil output will continue, and the EIA predicts that the US will be the world’s largest petroleum producer within the next few years.

But hey, let’s ban fracking or something.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • SigFan

    Imagine where we could be if the EPA and Obama let us get to all the places we know there are oil deposits. The Saudi’s and OPEC could be told to bugger off – which is something any American should want to happen.

    • JoeMN

      Well, there goes the theory of “peak oil”

    • http://ndgoon.blogspot.com Goon

      We could have a booming economy if they got those environmental whack jobs out of the way.

      • borborygmi

        How far do you want the whack jobs to pull back?90s, 80, 50, 30’s 1800’s

  • http://realitybasedbob.sayanythingblog.com/ realitybasedbob

    Why does President Obama hate America enough to let this happen?

    • http://sayanythingblog.com Rob

      Look at the growth in permitting times for drilling on federal lands and offshore.

      Look at the fact that the Keystone pipeline still isn’t approved.

      This is happening despite President Obama, and we could have a lot more commerce and jobs and yes even tax revenues if Obama would get out of the way.

      • SigFan

        Liberals will never admit that the boom in production is on private and state lands that the feds – Obama and the EPA – can’t stop. That is until the EPA comes up with some cock and bull story on why we need to ban fracking, which you know they’re just aching to do.

        • jj

          Liberals have no problem holding back oil production nor are they shy about throwing the coal industry under the little green bus.

          • borborygmi

            Coal industry biggest threat doesn’t come from enviros but from cheap nat. gas.

          • http://sayanythingblog.com Rob

            You’re right, to a point. Coal could remain competitive for longer, to the benefit of us all, were it nor for many of the silly regulations in place.

            But yeah, in the marketplace natural gas is looking to be the cheaper, better alternative for the foreseeable future. And there’s nothing wrong with that.

          • camsaure

            That is because the libs and EPA have not yet came up with enough restrictions on natural gas. But everyone knows that it will be coming in the future.

      • Hannitized, Proofs obsession

        Use it or lose it has caused people to stop sitting on the pot and start using it. The federal land policies put in place by Obama stimulated oil drilling in America.

        • Hal513

          Brahahahaha

        • Hal801

          You don’t know what you are talking about. The increase in production is due primarily to expansion on private lands where the oil companies contract with the mineral rights owner, not the government.

      • borborygmi

        Is the Keystone about production? How come we have had such a steady increase without Keystone? It would give you jobs but has little to do with the amount of oil being pumped. The people building tanker cars is probably equivalent to the people working on a pipeline.

        • Reallypeople

          Oil from ND has to be sold at about a 20% discount due to transportation costs. Rob was pointing out the lost commerce, not that Keystone would increase production. Although it is hard to debate a knowledgeable production expert such as yourself when you use proven facts and statistics like “probably equivalent” in your argument.

          • borborygmi

            Never claimed to be the expert, How about you? If you are transporting more oil via pipeline, you will have less traffic as acknowlegded by the host (less drivers), you would need less rail cars (someone is making them). Job benefit? The thread was about production, Perhaps the real experts Harold Hamm etc could point out where the lack of the keystone is hampering production. We have been without it since the Bakken Boom started yet they pumped 733000 barrels a day without it. Would they have hit a million with it. What is it hampering? Even at a 20% discount vs I believe sweet Texas Crude they still pumped an ever increasing amount from the Bakken with the current tax code and with the current transportation system. Would the economic boom of the keystone be offset by the decrease in employment cause by the elimination of jobs because of the Keystone?

          • reallypeople

            The point of my post was you cannot debate a person who uses abstract instances on any given subject as a bases for making a point. Those types of discussions can neither be proven to be true or false. While the thread was about production, Rob’s initial comment brought up the loss of commerce. The higher volume of oil moved at a higher price would create more commerce as well as more tax revenue. I would discuss this further with you but I have neither the time nor inclination to do so if you need to be spoon fed such basic knowledge.

          • borborygmi

            “probably equivalent” is that equivalent to your “at about a ” just wondering what expert is given his opinion.

          • reallypeople

            The “at about a” is based on the fact that a static number can not be used to due the fluctuation in oil prices at any given time.

        • camsaure

          Hint, Warren Buffet, an obuma supporter benifeits from the tanker cars.

          • borborygmi

            Hint you are late to supper ….again ” Keystone may have something to do with production but more to do with making rich men richer. Railroads are running full” quoting myself above. Please try to keep up.

          • reallypeople

            Hint, like it or not, rich men will always get richer.

          • borborygmi

            Hint I don’t care.

  • borborygmi

    All this under the Obama administration that was according to the SAB pundits determined to destroy the oil production and also under the same tax plans that have been running for years. THE Sky is falling the sky is falling scream the hysterical Conservatives.

    • http://sayanythingblog.com Rob

      That’s a bit of a straw man argument.

      Think of how much more we could be doing were we free of President Obama’s obstructionism on the Keystone XL pipeline, among other issues.

      • borborygmi

        looking at the graph you gratefully provided it has been a steady climb in production throughout President Obamas gov’t. Keystone may have something to do with production but more to do with making rich men richer. Railroads are running full.
        In further economic news Dow soars higher over Corporate earnings and increases in the housing market.
        ND thanks to Fracking is still maintaining a low unemployment of 3.10-% Mn. has dropped to 5.6% and SD to 4.4%. Wells and production jumped in ND Nov 2011 to 2012 from 6332 /8101: 510,610/733,078 bbls/day. (damn that is alot of oil)
        Wells Fargo a top SBA loan provider use SBA loans for Bakken Clients
        Williston American State Bank & Trust uses SBA and the Bank of NOrth Dakota to minimize risk in the Bakken. Damn Socialists….

        • Hal801

          Everything you list as a success is because of private enterprise. Please go down the list of governmental successes. Start with $16.5Trillion in national debt and continue with unfunded liabilities…

          • borborygmi

            sba fed and Bank of North Dakota socialist, helping banks out and helping the little guy out which Rob among others doesn’t care for.

      • camsaure

        Don’t forget the EPA’s hindrances to the building of refineries.

  • mikemc1970

    Wasn’t it liberals who were saying we were out of oil and now that we are out of natural gas? When will real human beings learn to treat absolutely everything out of a liberals mouth as an out and out lie?

    • Hannitized, Proofs obsession

      Speaking of people who don’t know what they are talking about and have no credibility, aren’t you the guy who said:

      Before

      “Not according to Gallup. Early voting has swung in Romney’s favor 52-45 as of last night. But I don’t want that to discourage you from believing it’s going down exactly like your handlers are telling you it is. I want the reality to be a special surprise on election night from me to you. You’re welcome in advance.” – mikemcpathetic

      “Gallup says Romney is up 52-45 in early voting. The little statistic you liberal idiots like to crow about. I don’t think it’s quite going the
      way you think it is, but just keep your eyes firmly locked on your own
      colon as usual, because I want the shock to hit you full force on
      election night.: – mikemc1970

      That is the daily tracking poll numbers as well. You have to dig deep for the little nugget. Early voting for Democrats is down by 22% from
      2008 altogether. But I don’t want you to dig too deeply, I want you to
      remain your ignorant self until election night.

      http://sayanythingblog.com/entry/team-obama-sandy-fail/

      After

      “He stole the election and you know it piss ant. You’re obfuscation from this fact is very amusing, but as weak as your inferior intellect.” – mikemcpathetic

      • mikemc1970

        So you got no comeback for anything I’ve said in my post. Shocker. You just keep proving your poor debate skills over and over again. Thanks a lot for making this so easy.

        • Hannitized, Proofs obsession

          Weren’t you the guy predicting a Romney win???

          • mikemc1970

            Still nothing.

            HA! I bet that is what every hooker you’ve ever hired has said to you after the pants have come down.

          • Hannitized, Proofs obsession

            So, according to you, Obama won because the evangelicals didn’t vote for Romney…..or anyone else to give a victory to someone other than Romney during the primary campaign?

            And you purport to know things?

          • mikemc1970

            So you still can’t disprove my statement about the fact that liberals are natural born liars. You accept this as fact then. Good. Time for even useful retards to grow up and face reality.

          • Hannitized, Proofs obsession

            I am proving that you are as inaccurate on your understanding of Liberals as you are of understanding election polls. I proved you never know what you are talking about.

            This is proven any time there is something hardline to contrast your beliefs against reality, like election results and statistics…and things called facts.

            The only thing you can do is make lame assed general statements that you aren’t forced to validate, because you can’t.

          • mikemc1970

            No, you’re just proving that you know that liberals are lying sacks of feces and this is your brain dead attempt at changing the subject. Once again no one brings the fail like you do, boo-boo.

      • http://ndgoon.blogspot.com Goon

        You looking in the mirror again Skippy?

  • Yogibare

    The benefits to our American economy are significant; our money spent on petroleum
    (crude oil) stays in this country and is circulated and re-circulated. In this economic slow-down the effects are helpful to our overall national economy. All this in spite of Obama’s hindrances to the industry.

  • devilschild

    The Saudis limit their production to keep prices high. If they wanted to they could far surpass the US.

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