Is it true the U. S. is a major exporter of oil?


no, 1 of top producers of oil, not exporter of oil. consume produce -- , need export deal on top of -- being biggest oil consumer in world. export refined oil products -- that's not same exporting crude oil.

oil production increasing in us, however, , we've in recent years lessened proportion of oil import. observers thinking in future we'll reduce out "dependence" on imports , maybe become exporter.

and if so, sense make when there's complaining dependency on foreign oil?


Social Science Economics Next



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