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To: The Great RJ; Go Gordon
Gee wasn’t it just a few years ago when the US was a net exporter of oil and didn’t need to import oil from the Gulf?

We're a net exporter as of 2022.

"The resulting total net petroleum imports (imports minus exports) were about -1.26 million b/d, which means that the United States was a net petroleum exporter of 1.26 million b/d in 2022."

17 posted on 04/27/2023 8:39:57 AM PDT by semimojo
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To: semimojo

No one here suggesting there are weapons on the ship?


18 posted on 04/27/2023 8:58:36 AM PDT by DIRTYSECRET
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To: semimojo

Sucking it out of the Strategic Reserve in 2022 doesn’t count.


21 posted on 04/27/2023 9:59:23 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: semimojo; The Great RJ; Go Gordon

“We’re a net exporter as of 2022.”

It’s not as simple as that. According to the article you provided, our total petroleum exports were 9.47 million b/d while our imports were 8.32 million b/d. But if you read further you’ll find that we are a net importer of crude oil. The majority of our exports are refined petroleum products. As far as crude oil goes, we imported 6.28 million b/d and exported 3.60 million b/d.

Also, Biden’s exports from the Strategic Petroleum Reserve need to be considered. While they were technically exports, they don’t represent current production.

https://www.foxbusiness.com/politics/biden-sell-26-million-barrels-more-strategic-petroleum-reserve

From the above article:

When Biden took office in January 2021, the SPR contained 638 million barrels out of a congressionally authorized maximum capacity of 713 million barrels. After a series of releases totaling more than 260 million barrels, the SPR is at about 371.6 million barrels as of February 2023 — the lowest level since December 1983, according to data from the Energy Information Administration (EIA). Selling another 26 million barrels from the SPR without adding new barrels of oil to offset the decline would take the SPR inventory to about 346 million barrels, which would be the lowest level since August 1983.


23 posted on 04/27/2023 10:21:12 AM PDT by mbrfl
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