United States, under the administration of President Donald Trump, It foresees greater oil surpluses – of what you projected previously – by 2025 and 2026. The perspective is driven by the continuous growth of American production and non -belonging countries Organization of oil exporting countries (OPEC).
In addition, projections are also based on the fact that sanctions will probably not make a dent in Russian production. As reported by the Energy Information Administration (EIA), the World oil markets register an average surplus of 1 million barrels per day by 2026.
The United States seeks to increase its oil production
North American forecasts are based on two great arguments. First, that the Production of countries outside the OPEC and the US It will be greater than expected.
This can complicate Organization plans to recover paralyzed production this year.
On the other hand, the EIA also expects the sanctions imposed by the administration of Joe Biden The Russian crude – confirmed at the beginning of January – will not affect the oil production of the country conducted by Vladimir Putin. In this sense, Russian flows barely began to show signs of a slowdown.
Thus, the Average surplus for 2026 is 1 million barrels per day in 2026. This is above the previous measurement, made during January, which estimated that said increase would be 800,000 barrels per day.
In addition, this forecast is twice than the surplus than the EIA waits for the current year.
Trump declares energy emergency in the US and seeks to curtail the world of American oil
The president of the United States, Donald Trump, signed an executive order in January declaring a National Energy Emergency. Officials pointed out that this would aim to allow the US to produce more natural resources and jobs. Trump signed an executive order entitled “Release the extraordinary potential of Alaska resources”, which deals with oil, gas and other natural resources.
During his resumption speech, Trump explained: “The inflation crisis was caused by excessive expenses and the rise in energy pricesand that is why I will declare an energy emergency situation and we will continue with our ‘Explore baby explore’ policy, he said from the Capitol Rotond .
Trump said a “golden” and “restoration” stage for his country begins. “US will be a country of manufacturing and we have the greater amount of oil and gas that no other country on earth has, and we will use it“He emphasized.
The president said that the prices of the hydrocarbons “will go down”, and use “the strategic reserves to export them to all the countries of the world.”
“We will be a rich country again “, Trump predicted, and added that “that liquid gold we have on our ground will help us,” because “Let’s end this new Green Agreementwith the restoration of the mandate for energy and automotive industry, to save the jobs of that sector. “
Source: Ambito
