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We live in a completely different power structure now from 20 years ago. The US has always imported <10% of its oil/gas (if you don't count Canadian source
by valarauca1 8y ago
We live in a completely different power structure
now from 20 years ago.
The US has always imported <10% of its oil/gas (if you don't count Canadian sources). There has never been a large scale dependence on foreign oil. Most of this was conservative propaganda from the Bush Administration to help justify the war in Iraq.
That being said OPEC had some control over the price that oil was traded at, but never the volumes.
- wang_li 8y agoAccording to NPR in 2010 the US was importing 60% of the oil used. https://www.npr.org/2012/04/11/150444802/where-does-america-get-oil-you-may-be-surprised https://www.npr.org/2012/04/11/150444802/where-does-america-...