Yep we have a lot of oil but we still have to import about 7 to 8 MBPD for our needs we use about that much more then we produce.Trump: "Maybe we shouldn't be there at all. We have a lot of oil." Trump says other countries should protect the Strait because "we have a lot of oil." After starting a war, disrupting global oil - he is now asking why the US is even there, and blaming other countries for not being there.
The price of oil is global, so if the price of oil is 110 dollars a barrel, it's 110 dollars a barrel here too, which means higher gasoline prices here too?!!Trump: "Maybe we shouldn't be there at all. We have a lot of oil." Trump says other countries should protect the Strait because "we have a lot of oil." After starting a war, disrupting global oil - he is now asking why the US is even there, and blaming other countries for not being there.
I do believe that the US is one of the leading exporters of oilYep we have a lot of oil but we still have to import about 7 to 8 MBPD for our needs we use about that much more then we produce.
We produce in the area of 13.2MBPD and use over 20 MBPD.
Or is it an exporter of energy NOT oil?I do believe that the US is one of the leading exporters of oil