America continues to import KSA oil mostly because California won’t frack, which could be changed if necessary.
As far as continuing to import, I believe that’s a factor of oil and refinery quality. America has some amazing refineries capable of eating garbage quality oil, including diluted tar. Since fracking produces high quality oil, my suspicion is that it’s cheaper to export that to older refineries, and import lower quality crude to refine domestically. But I’m no expert here.
Also, good quality oil can be used to dilute thicker oils to the point where refineries can process them. It’s my understanding that this is how you process Venezuelan oil for example. It wouldn’t surprise me to find out that American oil is being exported to blend other stuff before refining.
Imports remain around 7 million barrels of oil per day, down from a high of 9. What's shot up is exports. Oil imports into the US haven't changed much.
The US continues to "need" to import just as much oil as they always have from the KSA. [2] Even Canada imports from the KSA, for a lot of reasons [3].
Keep in mind, too, the largest supply of oil in the world is under Venezuela, with 18% of the global supply.
[1] https://en.wikipedia.org/wiki/Petroleum_in_the_United_States
[2] https://en.wikipedia.org/wiki/Petroleum_in_the_United_States...
[3] https://nationalpost.com/news/canada/why-has-canada-spent-bi...