drill baby drill.. USA needs cheap oil so does china though

USA burns through around 20 million barrels a day china 15 million barrels a day. https://www.eia.gov/tools/faqs/faq.php?id=709
What is even made in america anymore it would cost around 100 bucks to make a spoon now a days due to the cost of living and labor costs. https://www.marinetraffic.com/ https://www.statista.com/statistics/283473/global-oil-product-growth-rate-outlook

According to the Bureau of Ocean Energy Management (BOEM), the Gulf of Mexico is estimated to hold around 4.65 billion barrels of recoverable oil reserves, with an additional potential for 29.59 billion barrels of undiscovered, technically recoverable oil.
Key points about oil in the Gulf of Mexico:
Recoverable reserves: 4.65 billion barrels
Undiscovered potential: 29.59 billion barrels
Primary source of US offshore oil: The Gulf of Mexico is the primary source of offshore oil for the United States.

https://en.wikipedia.org/wiki/National_Petroleum_Reserve%E2%80%93Alaska

https://www.worldometers.info/oil/

https://www.worldometers.info/oil/canada-oil/

https://www.context.news/net-zero/greenland-trump-and-the-race-for-critical-resources

the biggest known reserve is Venezuela https://www.cfr.org/backgrounder/venezuela-crisis with around 300 barrels of proven reserves https://oilprice.com/Energy/Crude-Oil/Trump-Understands-That-the-US-Needs-Venezuelan-Oil.html
Hence biden's attempt to get at it https://www.washingtonpost.com/politics/2022/03/07/biden-venezuela-oil-russia/
but, Putin won't have that https://www.reuters.com/world/venezuelas-maduro-expected-visit-russia-putins-oil-point-man-says-2023-10-16/ as the smoke clears. (interesting discussion prof from Chicago U https://www.youtube.com/watch?v=JrMiSQAGOS4 )

as oil is getting more costly to get at - need to push it out with polymers now, push it out or boil it with water, dig deeper go way out to sea etc..
As the politicians say - pump harder, ships go faster we need that GDP to rock and roll (and housing too, good documentary inside job https://www.youtube.com/watch?v=o_2BPs1zYMo and wall street https://www.youtube.com/watch?v=W-Q9AOp2FW8 )

Oil up inflation up interest rates up housing dies a primary driver for GDP can't print/borrow money nor sell bonds... (good documentary on where money comes from https://www.youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc https://thegreattaking.com/ debt velocity of money https://www.youtube.com/watch?v=8etB_ft35gU and this book good read on oil, inflation and tariff wars https://www.ctvnews.ca/calgary/article/economist-jeff-rubin-offers-a-map-of-the-new-normal/ https://www.youtube.com/watch?v=r0NwC8vSSeE )
Oil is everywhere from production of goods to the movement of goods.

USA needs cheap oil so too does china though. The new pipes to china? https://psabdp.com/news/russia-now-biggest-crude-supplier-to-china https://www.bloomberg.com/news/articles/2022-10-26/xi-s-vow-of-world-dominance-by-2049-sends-chill-through-markets https://www.youtube.com/watch?v=1FjOIqSuhO8
https://oilprice.com/Energy/Energy-General/5-Oil-Producing-Nations-Ask-To-Join-BRICS-Alliance.html the new kids on the block with massive populations over 3 billion and counting.

Hence, Gulf of mexico looks mighty tasty right now. Curious to see what happens to fishing though etc... anyone remember 2010 https://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill

As bush said - might as well face it you're addicted to oil https://www.c-span.org/clip/call-in/user-clip-addicted-to-oil/4484705 and shopping too https://www.c-span.org/clip/white-house-event/user-clip-bush-shopping-quote/4552776 https://www.zdnet.com/article/might-as-well-face-it-youre-addicted-to-oil/
Yah can't stop a drunk from drinking not until they fall in their own pile of piss... pain > fear. Denial is a hard thing to overcome.

good documentary on oil planet oil how to overthrow government https://www.bbc.co.uk/programmes/p048dpqp https://foreignpolicy.com/2017/06/20/64-years-later-cia-finally-releases-details-of-iranian-coup-iran-tehran-oil/ etc...

interesting times ahead... poof just like that Gulf of America
ref https://www.madmaps.com/products/french-spanish-and-english-settlements-to-1754-map