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I'm a bit unsure where the headline comes from. The latest WPSR has net imports of crude oil as 4,016kbpd...
by tom_ 8y ago
I'm a bit unsure where the headline comes from. The latest WPSR has net imports of crude oil as 4,016kbpd...
- peter303 8y agoNet export of products leads to a slight total surplus. This EIA has the gory detail of contributing factorsin below link. Note third section for the botton shows a net export surplus. https://www.eia.gov/todayinenergy/detail.php?id=35032 https://www.eia.gov/todayinenergy/detail.php?id=35032
- tom_ 8y agoI assume a lot of the imports are then purchases from foreign exporters by American refiners who have lined up foreign buyers of finished products? This is economically valuable activity, but it doesn't feel like a good measure of any kind of energy independence.