Starting next year, the US will produce a record amount of oil. US Energy Secretary Jennifer Grenholm said this in an interview with Fox News Sunday..

" When Russia invaded Ukraine, global markets lost millions of barrels. Since oil is traded globally, we must make up for this lost amount of fuel,” said Jennifer Grengolm.

According to her, the United States will produce 12.7 million barrels of oil per day by 2023, now this figure is 12 million per day..

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She added that US President Biden's decision to allocate 1 million barrels a day from the Strategic Petroleum Reserve Fund and his calls for the oil sector to increase production should also positively influence the decline in fuel prices.. Prior to that, she also spoke in an interview with Voice of America.

“Unfortunately, you see how fuel prices in Europe have skyrocketed.. Clearly, due to the invasion, Russia has under-exported millions of barrels of oil, in addition to natural gas.. Therefore, prices around the world have risen,” the minister also said.. “Now our president and others have called for an increase in production right now so we can bring down the price of gasoline to consumers.”. And the president is certainly concerned about how this will affect real people, inflation, etc.. But in the end, we must move to clean energy.. And this is stated in the bill that the President signed the day before for the United States, "

She stressed that this law is the biggest climate change commitment of any nation in the world..

She also stressed that the United States and Europe are united in understanding that they must completely abandon Russian fuel..

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Recall that the next step in US sanctions against Russia will be measures against Russian energy resources, in particular, we are talking about a strict restriction on the price of its oil so that Russia can no longer receive super profits.. But the United States will introduce it simultaneously with the European Union, that is, around December.