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Re:Former President Trump is projected to win the presidency by hollerith on Saturday November 09, 2024 @02:19AM (#42093007)
Yes, for years now, the US has been the world's largest producer of crude petroleum because of the invention of hydraulic fracturing (fracking). Larger than Saudi Arabia.

The US still imports a lot of petroleum, but that is only because it has a comparative advantage in refining heavy crude. Most of the crude produced in the US is very light sweet crude, which is easier to refine. Some of that gets exported and refined overseas.

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