https://www.nationalreview.com/2019/01/2018-successful-year-for-american-economy/
Aside from the Washington hysterias, 2018 was a most successful year for Americans.
The year 2018 will be deplored by pundits as a bad year of more unpredictable Donald Trump, headlined by wild stock-market gyrations, the melodramas of the Robert Mueller investigation, and the musical-chair tenures of officials in the Trump administration.
A quarter of the government is still shut down. Talk of impeachment by the newly Democratic-controlled House of Representatives is in the air. Seemingly every day there are sensational breakthroughs, scandals, and bombshells that race through social media and the Internet — only to be forgotten by the next day.
In truth, aside from the Washington hysterias, 2018 was a most successful year for Americans.
In December, the United States reached a staggering level of oil production, pumping some 11.6 million barrels per day. For the first time since 1973, America is now the world’s largest oil producer
Since Trump took office, the U.S. has increased its oil production by nearly 3 million barrels per day, largely as the result of fewer regulations, more federal leasing, and the continuing brilliance of American frackers and horizontal drillers. It appears that there is still far more oil beneath U.S. soil than has ever been taken out. American production could even soar higher in the months ahead.
In addition, the United States remains the largest producer of natural gas and the second-greatest producer of coal. The scary old energy-related phraseology of the last half-century — “energy crisis,” “peak oil,” “oil embargo” — no longer exists.