Name: Aaron Schutt: We produce right now 500,000 barrels a day. In the United States, it's 12 million barrels a day. So we're not even 5% of US production.
Uploaded: 2026-10-05T16:56:36+00:00
Duration: 11 s
Description: We produce right now 500,000 barrels a day. In the United States, it's 12 million barrels a day. So we're not even 5% of US production.

0:11

Aaron Schutt

29:06 - 29:17

"We produce right now 500,000 barrels a day. In the United States, it's 12 million barrels a day. So we're not even 5% of US production."

“We produce right now 500,000 barrels a day. In the United States, it's 12 million barrels a day. So we're not even 5% of US production.”

Speaker: Aaron Schutt
Timestamp: 29:06 – 29:17
Source: RDC_2026_10_01_1
Community: Alaska News
Location: Alaska
Captured at: October 5, 2026

From the transcript

We definitely don't want an ACES era of 10 years of non-investment and what it takes to come back from that. I like to remind the DOI board when I was there of, as important as oil is in the state, how much of a bit player we are in the world. We produce right now 500,000 barrels a day. In the United States, it's 12 million barrels a day. So we're not even 5% of US production.

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