Quote:
Originally Posted by MrChip72
The US was exporting 2 million barrels/day in 2012. In 2023, the exports are now over 120 million barrels/day. It would appear that much of this extra domestic production is being exported to other countries.
U.S. Exports of Crude Oil (Thousand Barrels) |
Sort if kills the argument that governments are stopping oil production.
Oil companies are reaping record profits.