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> We buy and use their oil We actually buy a very small amount these days. US is a net exporter. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M
by starik36 5y ago
> We buy and use their oil
We actually buy a very small amount these days. US is a net exporter.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRIMUSSA2&f=M https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...
- sschueller 5y agoIt's not about the oil being purchased by the US but that most oil is traded in USD and not some other currency.
- nl 5y agoThat seems an entirely different thing. Most international trade is denominated in USD, often even when trade is between two non-US companies.