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But we don't buy those natural resources from other coutries
by intrasight 10y ago
But we don't buy those natural resources from other coutries
- strictnein 10y agoA lot of oil is imported for the refineries to process. https://stateimpact.npr.org/texas/2014/10/28/why-is-the-u-s-still-importing-so-much-oil/ https://stateimpact.npr.org/texas/2014/10/28/why-is-the-u-s-...
- intrasight 10y agoI stand corrected
- PietdeVries 10y agoWith the drop in oil prices from the past years, getting oil out of the ground in the US became too expensive. A lot of newly installed sites were closed because they could only operate efficiently with an oil price near $80 a barrel. I am quite sure the US imports a lot of oil... Edit: quick results from 2015: 25% is imported. https://www.eia.gov/tools/faqs/faq.cfm?id=32&t=6 https://www.eia.gov/tools/faqs/faq.cfm?id=32&t=6