Lots of misinformation being spread by the stupid FB fact checkers regarding oil production in the US. When Trump was inaugurated, the daily US oil production was 8,195,000 barrels barrels per day. Just before the pandemic hit, oil production reached a high of 13,100,000 barrels per day, a staggering 47% increase. Current production is down about 1,600,000 barrels per day, three times more than what we get from Russia. Attaboy, Joe.

1  I have heard or read that the reason the US was buying this Russian oil was to have if necessary to fulfill contracts if they have short falls. IOW if the US company made a contract for say 100 barrels of gasoline but due to unforeseen production slowdowns only produced 95 they would add the 5 barrels from Russia. Since I have never seen an oil contract I dont know what penalties are occurred in case of shortage.
  Now this leads me to ask this question. If Russia has Europe by the short hairs fulfilling 30% of its energy needs why hasnt Russia been bleeding them dry in costs? Seems that Russia could name its price and yet Im not seeing that. Red Eyes idiots say that we could only supply Europes demand for energy for a week before Europe collapses.
  If Russia is such an energy power house why is its GDP less then that of Texas?
 One other thing to add.  Not all the French oil companies are in on the sanctions. I dont remember their name but they have a HUGE investment with Russia in a new LNG production plant. Another LNG plant that Shell had invested in and sold its investments too is scheduled to come on line this year. Invest in Russian LNG

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4 Thanks Mike; excellent points all!