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Re: smith199 post# 7353

Thursday, 04/13/2023 7:52:33 AM

Thursday, April 13, 2023 7:52:33 AM

Post# of 7915
Thanks for the data and your comments

I need to look at it a little closer in a bit because something looks amiss in this part

* Forecast for U.S. crude oil production (million bpd) in 2023 and 2024 is 12.54 and 12.75, respectively. For the years 2021 and 2022 it was 11.25 and 11.88, respectively.

* Forecast for U.S. liquid fuels consumption (million BPD) in 2023 and 2024 is 20.36 and 20.69. For the year 2022 it was 20.28.



Crude obviously isn’t the same as liquid fuels but I never imagined that there was that degree of disparity

your overall summary is perfectly reasonable and logical, domestic production will remain robust for a long, long time

That’s important to me

I feel like I have earned a little comfort in my retirement years

I’m never going to give up my truck for a 2-door lunchbox that’s built with slave labor

On a local observation- I think farmers are greatly underestimated in their intelligence

John Deere isn’t building any battery powered tractors and farmers aren’t asking them to

spec

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