Fortunately Trump has permitted US oil production to increase, removing the restrictions placed on it by preceding administrations.
So, we don’t import oil any more.
The rest of the world can fend for themselves, or buy from us.
What are you talking about? We produce about 10 million barrels a day and use 29 million.
We import a hell of a lot of oil. The fact we export some production makes our importing numbers go up.
“So, we dont import oil any more.”
Nonsense.
http://www.freerepublic.com/focus/news/3778778/posts?page=48#48
I don’t know who or what originated this fallacious idea into the American consciousness, but it is certainly not accurate.
So, we dont import oil any more.
Our oil production could increase even more now. If the price stays above $60 a barrell for any length of time the Permian Basin will boom even more. Jobs, jobs, jobs.
This is absolutely - 100% false. We most certainly do import oil. We are a NET ZERO importer of oil - meaning we send out the same amount we bring in...but we are still importing oil. In June we were still importing 215K barrels a month - 47K from OPEC and about 1/2 from Canada.
Not sure how you can say we don't import oil with all the news of Candian pipelines. What do you think they have in them? Kool-aid?
We still import oil. Mostly from Canada, Mexico, Venezuela, and Russia.
Not true. We still import almost 10 million barrels per day.
https://www.eia.gov/tools/faqs/faq.php?id=727&t=6
“Fortunately Trump has permitted US oil production to increase, removing the restrictions placed on it by preceding administrations........”So, we dont import oil any more.”
Not true, and we need to quit accepting such myths.
Yes, our national consumption of oil is less dependent on imported oil because of how much we now produce domestically.
But our total consumption-appetite for oil products is so high, we still import a lot of oil.
For 2018 the U.S. imported just under 10 million barrels of oil a day. 2019 is not drastically different. That import level is about 50% of U.S. consumption. Far from making us “energy independent”; more energy secure, yes, but not energy independent.