The Great Simplification with Nate Hagens cover image

Energy Blindness | Frankly #3

The Great Simplification with Nate Hagens

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The United States Is a Net Oil Importer.

Right now, it looks like oil probably piqued globaly in production in late two thousand 18 a. And what's happening is the united states, sauti arabia and russia, the three gest oil producers in the world. The existing fields deplete much more rapidly than they did ten years 20 years ago or 50 years ago. So we have to drill more and more and drill faster in order to maintain our production. If you look at a 600 mile triangle around a read saudi arabia, 60 to 65 % of all the remaining oil in the world is within this 600 mile triangle. A, which is why a president byden is going to saudi ar

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