Quote:
Originally Posted by blueash
You didn't bother to supply the link, so HERE it is. Maybe you could have summarized what Pravda is saying as it certainly is a reliable source, right?
In summary, the numbers being discussed are through the end of 2020, having nothing to do with any decisions since that time. And oil imports in the US from Russia dropped in 2020, certainly in large part because of reduced demand from Covid.
Now PennBP explain how those facts relate to the recent increase in gasoline prices? |
My understanding is that at that time, the US could buy from Russian and have it delivered cheaper than we could produce it ourselves. So "we" purchased a lot to fill up our strategic oil reserves.
Probably wrong but, that is what I heard.