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To: All

AI says the US trade deficit with India is $45B.

The products are pharmaceuticals, petroleum (going in both directions!!) and electrical equipment.

India has a 4 million barrel/day consumption excess over its 900K bpd domestic oil production.

For them to send anything petroleum relevant to the US (the AI says $5B/yr) means they have to be doing so with imported oil. Some of it from the US (which makes no sense, the US could do any such processing domestically). Likely from oil imported from elsewhere.


8 posted on 08/06/2025 8:08:51 AM PDT by Owen
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To: Owen

Reminder . . . this US import of petroleum relevant products need not be questionable, since the bulk of US domestic oil is now shale that tends to be low on kerosene (jet fuel) and diesel. High on gasoline.

All oil is not created equal.


10 posted on 08/06/2025 8:11:48 AM PDT by Owen
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