“Why does the US import so much oil when they are the world’s largest exporter of it?”

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I keep hearing over and over that the US imports all of its gasoline and raw petroleum that it used, however when you look at the numbers its the greatest exporter of oil ever. Wouldn’t it make more sense for the US to just take some that they produce and keep it to sell to its own consumers.

In: Economics

43 Answers

Anonymous 0 Comments

Check out this site to get the data directly vs having to rely on others feeding you poor info

[EIA.gov](https://www.eia.gov/totalenergy/data/monthly/#petroleum)

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