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To: WMarshal
The US and Russia, like it or not, are the only energy independent superpowers and therefor would actually benefit in the long run if oil has a sustained spike.

Russia is not a superpower. The US is not energy independent.

In 2017, the United States imported approximately 10.1 million barrels per day (MMb/d) of petroleum from about 84 countries. Petroleum includes crude oil, natural gas plant liquids, liquefied refinery gases, refined petroleum products such as gasoline and diesel fuel, and biofuels including ethanol and biodiesel. About 79% of gross petroleum imports were crude oil.

In 2017, the United States exported about 6.3 MMb/d of petroleum to 180 countries. About 82% of total petroleum exports were petroleum products.

The resulting net imports (imports minus exports) of petroleum were about 3.7 MMb/d.

40 posted on 07/24/2018 8:07:05 AM PDT by kabar
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To: kabar
“Russia is not a superpower.”

Sure it isn't. /sarc

“as of 2017, Russian Federation possesses 7,300 total nuclear warheads, of which 4,500 are strategically operational.” Source https://en.m.wikipedia.org/wiki/Russia_and_weapons_of_mass_destruction

I agree that Russia isn't in America's league but to claim that it isn't a superpower is ludicrous.

42 posted on 07/24/2018 8:14:10 AM PDT by WMarshal (Because we're America, Bitches!)
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To: kabar

Yes, the U.S. exports crude from west coast to Asia, and refined products worldwide. NG liquid market expanding outside European destinations.


49 posted on 07/24/2018 9:14:51 AM PDT by Ozark Tom
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