The United States Is Now the Largest Global Crude Oil Producer

Re:The United States Is Now the Largest Global Crude Oil Pro... by valarauca1 on Wednesday September 12, 2018 @05:45PM (#17973733)

    We live in a completely different power structure
    now from 20 years ago.

The US has always imported <10% of its oil/gas (if you don't count Canadian sources). There has never been a large scale dependence on foreign oil. Most of this was conservative propaganda from the Bush Administration to help justify the war in Iraq.

That being said OPEC had some control over the price that oil was traded at, but never the volumes.

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Re:The United States Is Now the Largest Global Crude Oil Pro... by wang_li on Wednesday September 12, 2018 @05:52PM (#17973783)

According to NPR in 2010 the US was importing 60% of the oil used.

https://www.npr.org/2012/04/11/150444802/where-does-america-...

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