Posted on 06/17/2021 8:30:11 PM PDT by SeekAndFind
WASHINGTON—Russian oil imports have set a new record in the United States despite the strained relationship between Washington and Moscow. Industry experts believe the Biden administration’s climate policies will make the country more dependent on foreign oil producers.
The United States imported record levels of crude oil from Russia in March and is expected to continue importing at high levels in coming months, according to the Western Energy Alliance, a trade association that represents 200 independent natural gas and oil producers in the United States.
Imports of crude oil and petroleum products from Russia reached 22.9 million barrels in March, the highest level since August of 2010, according to International Energy Agency (IEA). Of the total amount, crude oil imports from Russia stood at 6.1 million barrels. Russia has become the third-largest oil exporter to United States.
High levels of oil shipment from Russia have continued since March, according to ClipperData, a commodity intelligence company that monitors cargo shipments worldwide.
“Last month we saw a record 5.75 million barrels of Russian crude discharged in the US, and we’re projecting a further record this month of 7.5mn bbls,” ClipperData analysts wrote on Twitter on June 7.
Critics argue that Biden’s climate agenda is hard on the U.S. oil industry but soft on foreign producers.
“It’s disturbing to our industry that the Biden administration goes out of its way to disadvantage the American producer while buttressing the Iranian and Russian industries,” Kathleen Sgamma, president of the Western Energy Alliance, told The Epoch Times.
The recent spike in Russian oil imports has followed the “misguided climate policies” of the administration, including ending the Keystone XL pipeline and pausing new oil and natural gas permitting on public lands and waters, according to Sgamma.
President Joe Biden has “tipped us into oil dependence on Russia
(Excerpt) Read more at theepochtimes.com ...
So that’s why Putin was making nice. Biden has said we’ll pay whatever you want for your oil.
From energy independence to begging Russia for oil.
Sounds like Russia collusion.
If Trump did it...
This is absolutely treasonous. Our nation is being destroyed before our eyes. The Deep State doesn’t want America to be number one or exceptional at all costs.
WTF? We are cancelling pipelines for Canadian oil, while bringing more from Russia. unbelievable.
To get them more money and us less. Must make everybody more equal.
And yet, patriots are sitting by and letting it happen. America is done.
10% for the big guy, apparently something the Canucks were unwilling to pay.
Banning oil and gas on federal lands, pipeline closures, making nice with the Rooskies, Iranis and the Chicoms.
Bezos had better watch out, or SloJo could overtake him in the richest man race.
Exactly. Biden shut down the Keystone plus discouraged US fracking. Trump had us self sufficient without foreign oil.
Energy independence wasn’t true to start with. The American producers generated about $300 billion in losses over a decade to get there.
Frackers can break even long term the way the market works, and they themselves are a part of a problem.
Thank you Joe.
Yes, lots of oil in Alberta.
With western Canada it’s very possible.
I wonder how much if at all this effects the price China must pay for its oil.
affects, that is.
Why the heck isn’t the Republican Party all over this? They should be giving speeches on the Senate floor and making campaign ads about it.
The 3.5 million bribe will pay for itself a thousand times over.
Why are frackers a problem?
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