We COULD be, but US companies are making back off of exporting oil. We are exporting record amounts of oil to other countries. Mr Global on YouTube does an excellent job of explaining the intricacies of oil and gas industry.
2 charts showing crude import vs export. There was a brief time where USA exported more crude than it imported around April/may. The consistent trend is USA needs 3 million barrels per day of crude imported. (We import 6 million and export 3 million)
The video you linked doesn’t even say we export more than we import. What is your point exactly?
Yes, if there was a reason to dip into the fund like an enormously expensive war. Once the war is done the reserve can be refilled.
How does that logic work exactly? My point is we are not energy independent. Are you arguing we are?
We COULD be, but US companies are making back off of exporting oil. We are exporting record amounts of oil to other countries. Mr Global on YouTube does an excellent job of explaining the intricacies of oil and gas industry.
2 charts showing crude import vs export. There was a brief time where USA exported more crude than it imported around April/may. The consistent trend is USA needs 3 million barrels per day of crude imported. (We import 6 million and export 3 million)
The video you linked doesn’t even say we export more than we import. What is your point exactly?