US oil output set for first annual drop since pandemic | Blow to Donald Trump’s ‘energy dominance’ goal as EIA predicts production decline in 2026
US oil output set for first annual drop since pandemic | Blow to Donald Trump’s ‘energy dominance’ goal as EIA predicts production decline in 2026
www.ft.com
US oil output set for first annual drop since pandemic
I'll note that the US was a net oil exporter under Biden for the first time in many decades.:
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The rest of the modern world has switched to EV's. Rump is living in the past if he thinks US oil production is going to stay relevant forever. Yes it has other uses but the entire auto industry has changed and that is a huge factor.