Certainly no bias against US Oil [1]. If you take exports / inflation there is a trend downward starting in 2024 [2] but 2025 is Trumps 2nd term so it's kinda

Certainly no bias against US Oil [1]. If you take exports / inflation there is a trend downward starting in 2024 [2] but 2025 is Trumps 2nd term so it's kinda been increased exports since then. Maybe at a retail level there's less demand for US but not in aggregate. [1]: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCREXUS2&f=M https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M... [2]: You have to edit graph by hand to do `a/b` after adding inflation as `b`- https://fred.stlouisfed.org/series/EXP0015 https://fred.stlouisfed.org/series/EXP0015