[jpsb]

The US import over 7,500,000 barrels of oil per day. We are not going to be a net exporter of oil anytime soon.

[catfish1957]

Maybe I should have been a little more clear around this point. I meant energy instead of crude. And as you can see, we are probably a net exporter by about 2018. I have also seen API articles which guess this event will take place more like 2020. I guess it is how you define "soon"

In any case, we are already putting a serious dent in the bottom line of OPEC, so my premise stands.