That’s true. The US produces 14 million bpd and consumes 21 million bpd which is more than any other single country.
US propagandists use a broad definition for what counts as petroleum products muddle the facts and call the USA a net oil exporter. The reality is that the USA must import at least 7 million barrels per day, even if they completely stop exporting.
That’s true. The US produces 14 million bpd and consumes 21 million bpd which is more than any other single country.
US propagandists use a broad definition for what counts as petroleum products muddle the facts and call the USA a net oil exporter. The reality is that the USA must import at least 7 million barrels per day, even if they completely stop exporting.
Where did you get those numbers? I know for gasoline/petroleum its roughly equal local production and consumption.
The media makes a big deal of it, as if it’s something to be proud of. Most useless, wasteful country on the planet.
https://outrightpower.substack.com/p/us-oil-production-and-consumption
https://usafacts.org/articles/is-the-us-a-bigger-oil-importer-or-exporter/
https://www.energy.gov/articles/fact-sheet-delivering-us-oil-and-natural-gas-production
https://energyheadlines.com/us-crude-production-to-hit-record-13-41-million-bpd-in-2025-before-falling-eia-says/
https://www.lambdafin.com/articles/us-vs-opec-oil-production
Thanks for the sources.
Personally, I am more concerned about the impact a gas/petrol shortage would have rather than oil as a whole, but this is useful to know.
Consumption: https://www.eia.gov/energyexplained/oil-and-petroleum-products/use-of-oil.php
Production: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W
Gasoline/Petroleum is rarely imported. The common method is to import the crude and refine on shore, which is what the USA is doing.