The US increased oil exports by more than 70 percent last year to over 2 million barrels per day (bpd). The average production was 3 million bpd over the last four weeks and is expected to hit 5 million bpd by the end of 2020.
Meanwhile, data from the International Energy Agency showed greenhouse gas emissions from energy production rose strongly again in 2018, hitting a record high.
Boom Bust talks to Bill Hederman of the Kleinman Center for Energy about the US’ push on fossil fuels despite global efforts to limit carbon emission.
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