Quote:
Originally Posted by NoMo50
Well said, and correct, but probably too much for some non-deep thinkers to grasp. To make it simple, folks should just remember that everything starts with, and hinges upon, the cost of energy. It wasn't that long ago, think 5 years, that our country was energy independent, and a net exporter of oil. Everyone benefited during those times.
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In 2022, total petroleum exports were about 9.58 million barrels per day (b/d) and total petroleum imports were about 8.32 million b/d, making the United States an annual net total petroleum exporter for the third year in a row. Total petroleum net exports were about 1.26 million b/d in 2022.