#EIA#oil#data: U.S. total oil products supplied last 4 weeks averaged 21.6 mln bpd, +12.3% vs year-ago period #gasoline averaged 8.7 mln bpd, +7.5% vs yr ago #distillate averaged 4.4 mln bpd, +5.6% vs yr ago #jet#fuel supplied +35.4% vs yr ago #OOTT#diesel#OPEC#retail
• • •
Missing some Tweet in this thread? You can try to
force a refresh
1/10 🧵
An obvious patriotic deed for U.S. citizens wanting to protect the nation's economy, support #Ukraine, weaken Putin, is to use even ONE gal/week less #gasoline. It was an obvious way to help curb inflation from start of reopening #oil demand surge, before any war. #OOTT
2/10
But #oil/fossil industry's crisis response has been to taunt U.S./EU citizens about a fossil dependence imposed on them via decades of organized political and economic power deployed to stifle #renewables and enrich oil oligarchs & tyrants, both domestic and foreign. #OOTT
3/10
U.S. #oil production was hit by COVID, made worse by GOP/Trump's negligent (was it purposeful?) and idiotic pandemic policies, not Biden or Greta or Democratic policy. Even as COVID loomed clueless Saudi Arabia & allies were prepping a price war w/Russia & U.S. shale. #OOTT