Domestic Oil Production Soars to New High Under Trump

During President Donald Trump’s first term in the White House, he made massive inroads in the quest for American energy independence and dominance.

Of course, former President Joe Biden’s administration undid much of the work.

However, according to The Daily Caller, President Trump is once again making impressive strides in getting America back to an independent state when it comes to energy, and energy policy experts agree that he’s winning big.

Notably, data collected from the Energy Information Administration revealed that the United States hit a new record for domestic oil production over the summer.

The data revealed that the U.S. produced more oil in June than at any other time in its history, even more than any other country on Earth.

Energy policy experts told The Daily Caller that Trump’s pro-energy agenda is paying off.

It’s bringing the United States much closer to energy independence, more so than ever before.

Travis Fisher, director of energy and environmental policy studies at the Cato Institute, was especially excited about the news.

“We should celebrate the ‘drill baby drill’ mantra because the record production we’re seeing now is a huge help to consumers,” he said.

Fisher added, “In addition to obvious benefits like lower-cost gasoline for drivers, abundant oil production lowers the cost of everything by reducing transportation costs for virtually every product on the market.”

The DC added:

“American oil production has been on the rise, but several energy experts noted that the thriving and record-setting supply of oil demonstrates the importance of Trump’s American energy dominance agenda.”

Trisha Curtis, a macroeconomist with expertise in U.S. shale markets and an economist for the American Energy Institute, also explained the data and how important it is is continue down that path.

She insisted that Trump’s energy policies and results are vital to national security.

“The U.S. is producing 13.6 million barrels per day, more than any nation on earth, ever,” she said.

“The importance of this production to the economy, as well as energy security and national security, is profound.”

Curtis added, “The U.S. is now not only the largest oil and natural gas producer in the world, but it is the largest crude and product exporter in the world, enabling greater U.S. and global energy security.

“The next two largest producers in the world, Russia and Saudi Arabia, are both producing around 10 million barrels per day by comparison.”