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The US imports most of its crude oil from Canada and Mexico [0], but mostly from Canada. There's been a persistent, but false, narrative that the US needs oil
by snacktaster 5y ago
The US imports most of its crude oil from Canada and Mexico [0], but mostly from Canada. There's been a persistent, but false, narrative that the US needs oil from the Middle East. The US' concern with the oil in the Middle East is mostly to _protect_ the supply to Europe, and _control_ the supply to China. The US has never needed oil from Saudi Arabia.
[0] https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php https://www.eia.gov/energyexplained/oil-and-petroleum-produc...
- clairity 5y agothe US also cares because oil is fungible, and as a result, pricing happens at the global margins, not just between north american countries.