The US is set to drown the world in oil

Global Witness warns that new US oil and gas production is forecast to dwarf that of other nations, potentially producing more than twice the current output of Saudi Arabia by the end of the next decade. The analysis suggests that to avoid the worst climate impacts, global production must drop by 40% over ten years, yet US output is set to rise by 25%. The document calls for the next US president to end fossil fuel subsidies—estimated between $4.6 billion and $649 billion annually—and to stop new extraction on federal lands to facilitate a just transition for workers and communities.

• New oil and gas production in the US is projected to significantly exceed that of other countries, with forecasts indicating it will be eight times that of Canada and 20 times that of Russia. Total new US production is expected to be more than 1.5 times the combined total of all other countries.
• If US states were treated as individual countries, Texas would be the largest producer of new oil and gas, with output nearly four times that of Canada. Pennsylvania is forecast to be the third largest producer, with more than double the production of Russia.
• While global oil and gas production needs to decrease by 40% over the next decade to mitigate the worst climate change impacts, US output is instead projected to increase by 25% due to expansion in new fields.
• Government subsidies for fossil fuels, which range from $4.6 billion to $649 billion annually, are critical to the viability of new US oil fields; one study suggests up to half of these fields rely on such subsidies to remain economically viable.
• Failure to mitigate climate change could result in annual costs to the US economy exceeding $500 billion by 2090 under a high emissions scenario.

APA

Global Witness (n.d.). The US is set to drown the world in oil. https://globalwitness.org/en/campaigns/oil-gas-and-mining/the-us-is-set-to-drown-the-world-in-oil/

Chicago

Global Witness. The US is set to drown the world in oil. n.d. https://globalwitness.org/en/campaigns/oil-gas-and-mining/the-us-is-set-to-drown-the-world-in-oil/.

Wikipedia

{{cite press release |author=Global Witness |title=The US is set to drown the world in oil |url=https://globalwitness.org/en/campaigns/oil-gas-and-mining/the-us-is-set-to-drown-the-world-in-oil/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{globalwitnessndset, author = {{Global Witness}}, title = {{The US is set to drown the world in oil}}, publisher = {Global Witness}, url = {https://globalwitness.org/en/campaigns/oil-gas-and-mining/the-us-is-set-to-drown-the-world-in-oil/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }