News for hackers. Stuff that matters.

A comment on America produces enough oil to meet its needs, so why do we import crude?. Parent comment

Re:America produces enough oil to meet its needs, so why do ... by encoderer on Tuesday March 08, 2022 @04:15PM (#30607085)
It’s a lot cheaper to pump oil in Alaska than to frack it in South Dakota.

This is why a lot of fracking stopped in 2020 when gas prices plummeted. It just wasn’t profitable anymore.

[ Parent | on HN ]

There are no comments on this comment yet.