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I said net exporter, not just merely exporter. And NO, the US is not a net exporter of oil. Yes, the US export around 3.6M bbl/d in 2022. But, it imported arou

I said net exporter, not just merely exporter. And NO, the US is not a net exporter of oil. Yes, the US export around 3.6M bbl/d in 2022. But, it imported around 6.3M bbl/day in the same year. So, it was a net importer. The reason why this happens I leave as an exercise for the reader that is so gung-ho in calling others wrong.

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philipkglass 2y ago
The US is currently a net exporter of oil, and it was in 2022 as well: U.S. Net Imports of Crude Oil and Petroleum Products, https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttntus2&f=a https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m... Note that this is a "net imports" graph where values below 0 indicate net exports. The graph shows that the last year where the US was a net importer was 2019.
- elzbardico 2y ago
  This graph includes refined products. The data I am using from wikipedia is only for crude oil.
JumpCrisscross 2y ago
> Yes, the US export around 3.6M bbl/d in 2022. But, it imported around 6.3M bbl/day in the same year You’re wrong, as the other comment points out. But these numbers are so wildly wrong that I’m curious for your source. (8.5mm b/d in vs 10.15mm b.d out [1] in 2023. If we limit ourselves to crude oil, it's 4.1mm b/d out [2] vs hundreds of thousands in [3]. A literal order of magnitude.) [1] https://www.eia.gov/tools/faqs/faq.php?id=727 https://www.eia.gov/tools/faqs/faq.php?id=727 [2] https://www.eia.gov/todayinenergy/detail.php?id=61584 https://www.eia.gov/todayinenergy/detail.php?id=61584 [3] https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrimus1&f=m https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m...
- elzbardico 2y ago
  https://en.wikipedia.org/wiki/List_of_countries_by_oil_imports https://en.wikipedia.org/wiki/List_of_countries_by_oil_impor... My numbers are 2022, yours 2023. Yes, oh, the US got a small superavit in 2023. It is still not a relevant net exporter and won't be for the simple reason investments in the development of new fields have basically stopped with the Democrat government. So, the production will inevitably fall in the following years.

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philipkglass 2y ago

The US is currently a net exporter of oil, and it was in 2022 as well: U.S. Net Imports of Crude Oil and Petroleum Products, https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttntus2&f=a https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m... Note that this is a "net imports" graph where values below 0 indicate net exports. The graph shows that the last year where the US was a net importer was 2019.

elzbardico 2y ago
This graph includes refined products. The data I am using from wikipedia is only for crude oil.

JumpCrisscross 2y ago

> Yes, the US export around 3.6M bbl/d in 2022. But, it imported around 6.3M bbl/day in the same year You’re wrong, as the other comment points out. But these numbers are so wildly wrong that I’m curious for your source. (8.5mm b/d in vs 10.15mm b.d out [1] in 2023. If we limit ourselves to crude oil, it's 4.1mm b/d out [2] vs hundreds of thousands in [3]. A literal order of magnitude.) [1] https://www.eia.gov/tools/faqs/faq.php?id=727 https://www.eia.gov/tools/faqs/faq.php?id=727 [2] https://www.eia.gov/todayinenergy/detail.php?id=61584 https://www.eia.gov/todayinenergy/detail.php?id=61584 [3] https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrimus1&f=m https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m...

elzbardico 2y ago
https://en.wikipedia.org/wiki/List_of_countries_by_oil_imports https://en.wikipedia.org/wiki/List_of_countries_by_oil_impor... My numbers are 2022, yours 2023. Yes, oh, the US got a small superavit in 2023. It is still not a relevant net exporter and won't be for the simple reason investments in the development of new fields have basically stopped with the Democrat government. So, the production will inevitably fall in the following years.