Saturday, May 5, 2018

Here's Why The United States Isn't Oil Independent

And probably never will be.

U.S. To Become World’s Top Oil Exporter
05/02/2018- "The U.S. exported a record 8.3 million barrels per day (bpd) last week of crude oil and petroleum products"

U.S. Energy Administration
How much petroleum does the United States import and export?
"In 2017, the United States imported approximately 10.1 million barrels per day (MMb/d) of petroleum from about 84 countries."

Like flying 400 mph into a 500 mph headwind.

So typical of the way government at all levels works. Never content unless we're running deficits.

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