The U.S.
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The U.S. military-industrial complex aimed to replace Russia as Europe's primary energy source, driving record-high U.S. crude exports amid the Ukraine-Russia war. Despite U.S. decarbonization goals, the Biden administration supports massive hydrocarbon production. In September, the U.S. hit its highest-ever crude oil production at 13.2 million barrels per day, and seaborne crude exports reached an all-time high of 4 million barrels per day in January-November, with Europe's share rising to 46%. The surge in exports benefits energy producers and shipowners but contradicts decarbonization efforts as fossil fuel production peaks globally. #drakensbergenergy #diesel #usoil #gasoline #petrol #fueloil oilprice.com/Energy/Energy-General/US-Cements-Position-as-Energy-Superpower-with-Soaring-Oil-Expo…