Unfortunately, the U.S. is not self-sufficient in petroleum and we have a way to go. We consume 19.96 million barrels of crude oil per day (Mbbl/day). Of that, we produce 13.134 Mbbl/day. We also export about 6 Mbbl/day, where prices and transportation costs are attractive. In 2017, we imported about 10.4 Mbbl/day from countries such […]
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