US at 12m barrels of oil per day, 25% more than Saudis
300% increase in rig counts since crash in ENP expenditures, because of the Covid recession.
Will be up to 13m per day by end of year.
US price per KWH is $15. The next cheapest is France at $25. Germany is $45.
One reason for not producing more (esp in Europe?) is this raises the price, so the population becomes more ready to do things to adopt renewable energy instead.