We still import close to 10 million barrels per day.
Hence the year 2023...
Where else are the Canuks going to go ?
“We still import close to 10 million barrels per day.”
And that will have to continue. We don’t import oil because we need it. We import oil because someone else needs the money to survive. Our three largest suppliers of oil are Venezuela, Mexico, and Canada. We buy oil overseas to support their being able to buy food so war doesn’t break out between all the countries in the middle east when they have to go next door to find food. Even the UN gave it a name calling it the Oil For Food Program. The Oil-for-Food Program started in December 1996, and the first shipments of food arrived in March 1997. Sixty percent of Iraq’s twenty-six million people were solely dependent on rations from the oil-for-food plan. And that saved a lot of lives. We currently purchase about 3% of our oil from the middle east. We are not dependent.
And a lot of people don’t know that a vast majority of the oil we currently pipe down from ANWAR is sold to Japan and shipped from Valdez to them to be refined and we buy it back at a loss to keep their economy from bottoming out. So oil to us is not really much of an energy issue as much as it is a peace tool. But it also constitutes looking like welfare at the same time.
rwood