Posted on 03/08/2022 10:40:54 AM PST by rktman
The U.S. has increased its volume of crude oil imports from Russia by 40.6 percent when comparing the two-year average across the first 24 months of the Biden administration against the four-year average of the Trump administration, according to the U.S. Energy Information Administration’s latest data.
The annual average total of crude oil imports between 2016 and 2019 was 157,523,000 barrels, which rose 40.6 percent to 221,457,000 barrels per year, on average, across 2020 and 2021.
Breitbart News reported that purchases of Russian oil exports by American companies have grown rapidly during the tenure of the Biden administration following U.S. sanctions on Venezuela blocking imports of the South American state’s oil.
Russia’s oil and gas industry amounted to about 15 percent of the country’s GDP in 2020, according to Oilprice.com. Statista valued oil and gas revenues at 4.9 percent of Russian GDP for the same year. The World Bank estimated “oil rents” — a term it defines as “the difference between the value of crude oil production at regional prices and total costs of production” — as amounting to over nine percent of Russia’s GDP in 2019.
(Excerpt) Read more at breitbart.com ...
How will Pissacki spin this one.
Since 1972 when he went to DC, Joe Biden has never been on the side of anything that was in the interest of ordinary US citizens
Easy. She’ll just circle back to everybody buying an EV as suggested by cackles the commie and bootieplug.
What a worthless PileofS he is.
Oh it's easy, she thinks she's clever, but a lie is a lie even if it is couched in statistics.
p
Joe Biden never met a US Enemy he would not side with or a US interest he would not sabotage.
Since 1972 when Biden went to DC, he has never been on the side of anything that was in the best interest of the ordinary citizens USA. He should be impeached NOW.
Joe Biden never met a US Enemy he would not side with or a US interest he would not sabotage.
Since 1972 when Biden went to DC, he has never been on the side of anything that was in the best interest of the ordinary citizens USA. He should be impeached NOW.
And they are looking for more hostile countries from which to buy.
What's the difference between Germany relying on Russia for energy and America relying on Iran an Venezuela? What could possibly go wrong?
Democrats can always be counted on to totally screw things up.
She will just straight up lie about it.
Well sure. Let’s go back to the economic conditions that caused that difference. Jeez. There’s enough to blame on Brandon without fabricating a false equivalence.
Quick, buy an electric vehicle before they’re all gone!
2016,17,18,19: 161,286 +142,011 +137,010 +189,786
2020-21: 197,720 + 245,194
From https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttim_nus-nrs_1&f=a
| U.S. Imports from Russia of Crude Oil and Petroleum Products (Thousand Barrels) |
| Decade | Year-0 | Year-1 | Year-2 | Year-3 | Year-4 | Year-5 | Year-6 | Year-7 | Year-8 | Year-9 |
|---|
| Decade | Year-0 | Year-1 | Year-2 | Year-3 | Year-4 | Year-5 | Year-6 | Year-7 | Year-8 | Year-9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1990's | 9,071 | 9,251 | 4,725 | 8,683 | 32,611 | |||||
| 2000's | 26,382 | 32,783 | 76,690 | 92,711 | 109,151 | 149,681 | 134,646 | 151,074 | 170,264 | 205,525 |
| 2010's | 223,370 | 227,774 | 174,612 | 168,024 | 120,345 | 135,247 | 161,286 | 142,011 | 137,010 | 189,786 |
| 2020's | 197,720 | 245,194 |
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