Musicmystery
Posts: 30259
Joined: 3/14/2005 Status: offline
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Well, that's not necessarily true. ME oil is readily available, and expanding US production means drilling in less accessible and less productive and financially rewarding locations. That's one of the reasons we buy it. But we don't buy as much as people believe: Even before the US export boom, in 2007, we imported only 16% of our crude oil and petroleum products from the Persian Gulf countries of Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. Our five biggest suppliers of crude oil and petroleum products were: Canada (18.2%) Mexico (11.4%) Saudi Arabia (11.0%) Venezuela (10.1%) Nigeria (8.4%) In 2015, that was: Canada (40%) Saudi Arabia (11%) Venezuela (9%) Mexico (8%) Colombia (4%) So...with the Keystone pipeline proposal -- we'd be dependent on oil from Canada, if anything.
< Message edited by Musicmystery -- 6/25/2016 10:44:53 AM >
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