Biden to Import Venezuelan Oil to Meet US Demand – President Trump’s Energy Independence Policies Will Continue to be Ignored

[Superbadbrutha]

The U.S. has not always been dependent on foreign oil. There was a time we were self sufficient.

What time was that?

 

[Toddsterpatriot]

What time was that?

United States energy independence - Wikipedia

en.wikipedia.org

 

[BlindBoo]

What time was that?

A long long time ago.

U.S. Imports of Crude Oil (Thousand Barrels)

 

[tahuyaman]

What time was that?

We were energy independent until the early 1970’s. Then US energy policy changed dnd created the dependence on foreign oil.

The left wants this dependence on ME oil for some odd reason.

 

[dudmuck]

We were energy independent until the early 1970’s. Then US energy policy changed dnd created the dependence on foreign oil.

The left wants this dependence on ME oil for some odd reason.

the right wants to waste oil with poor aerodynamics for some reason.

the primary cause of oil imports & exports is the type of oil produced vs the type of oil refineries can use.

 

[tahuyaman]

the right wants to waste oil with poor aerodynamics for some reason.

the primary cause of oil imports & exports is the type of oil produced vs the type of oil refineries can use.

Poor aerodynamics? Please explain that idiocy

 

[surada]

The U.S. has not always been dependent on foreign oil. There was a time we were self sufficient.

Before 1950 perhaps.

 

[surada]

We were energy independent until the early 1970’s. Then US energy policy changed dnd created the dependence on foreign oil.

The left wants this dependence on ME oil for some odd reason.

Nope. Saudi oil fueled the Marshall plan and the Saudis supplied oil for our troops in Vietnam.

 

[tahuyaman]

Nope. Saudi oil fueled the Marshall plan and the Saudis supplied oil for our troops in Vietnam.

We purchase foreign oil mostly for political or foreign policy reasons. Not out of need.

 

[tahuyaman]

Before 1950 perhaps.

We can fully supply our own needs today. We don’t for geopolitical reasons. I don’t know why this is hard for you to understand.

 

[Toddsterpatriot]

Before 1950 perhaps.

Isn't it cool that we're net exporters now?

 

[Toddsterpatriot]

We purchase foreign oil mostly for political or foreign policy reasons. Not out of need.

Mostly to refine it, export it and make money.

 

[dudmuck]

Poor aerodynamics? Please explain that idiocy

there are alot of factors that have an effect on fuel efficiency.
One big one is aerodynamics of the vehicle, and adding stuff to the outside of the car increases air drag.
then more gas is required, increasing fuel costs.

 

[surada]

We purchase foreign oil mostly for political or foreign policy reasons. Not out of need.

We are producing 13 million bpd which is a new production record for the US. We use 20 million bpd. How is that about foreign policy?

 

[surada]

Isn't it cool that we're net exporters now?

We produce 13 million bpd and use 20 million bpd.

 

[Toddsterpatriot]

We produce 13 million bpd and use 20 million bpd.

And we're net exporters.

 

[surada]

And we're net exporters.

Lol. Nope. We import more than we export. Our US oil companies don't sell crude oil. They sell specialty refined products abroad.

 

[SassyIrishLass]

Lol. Nope. We import more than we export. Our US oil companies don't sell crude oil. They sell specialty refined products abroad.

You don't know shit. Claimed to be some oil bigwig in the 1950s. That makes you like 110. Give it a rest

 

[surada]

You don't know shit. Claimed to be some oil bigwig in the 1950s. That makes you like 110. Give it a rest

No I didn't. You have a reading problem.




The U.S. exports more petroleum than it imports. So why are we importing at all?
Caleigh Wells
May 13, 2024
Heard on:

An oil pumpjack in Texas. Importing foreign crude oil is often cheaper for the United States. Brandon Bell/Getty Images
Sign up for the Marketplace newsletter to get the day’s biggest business stories, our economic analysis, and explainers to help you live smarter, straight to your inbox every weekday evening.



If you notice that you’re paying more at the pump at some point over the next few weeks, that may be because you’re buying a different blend of gasoline as stocks of winter gas run out and refineries nationwide switch to producing summer blends.

To feed those refineries, last year the U.S. imported more than 8.5 million barrels of petroleum a day. Meanwhile, the U.S. also exported more than 10 million barrels a day.

Wait, what? Why are we selling that oil instead of using it ourselves?

It’s mostly a chemistry problem. The crude oil we’re buying is thick and has lots of sulfur, hence it’s called heavy sour. The stuff we’re pulling up isn’t and doesn’t, so it’s called light sweet.

“All that variation in the chemistry of the oil means that you can’t refine all oil the same way. They have to go through different processes,” said Hugh Daigle, a professor of petroleum engineering at the University of Texas at Austin.


Sep 20, 2024
Is it cheaper to borrow now?

Sep 18, 2024
He said our refineries were designed to process oil coming from Mexico and Venezuela. “And a lot of that tends to be relatively heavy and relatively high in sulfur,” he said.

Then a little over a decade ago, shale fracking took off in the U.S., and so did the supply of light sweet oil. But even if U.S. refineries could flip a switch and start refining that oil, GasBuddy analyst Patrick De Haan said it’s coming out of the ground in the wrong places.

“The need is infrastructure,” he said. “You may produce all this light sweet crude oil in Texas. But if you don’t have pipelines to the nation’s refineries to deliver it, how are you going to be able to utilize it?”

So importing foreign crude oil is cheaper. Meanwhile, De Haan said, increasing renewable energy demand is making investments in fossil fuels riskier

 

[SassyIrishLass]

No I didn't. You have a reading problem.




The U.S. exports more petroleum than it imports. So why are we importing at all?
Caleigh Wells
May 13, 2024
Heard on:

An oil pumpjack in Texas. Importing foreign crude oil is often cheaper for the United States. Brandon Bell/Getty Images
Sign up for the Marketplace newsletter to get the day’s biggest business stories, our economic analysis, and explainers to help you live smarter, straight to your inbox every weekday evening.



If you notice that you’re paying more at the pump at some point over the next few weeks, that may be because you’re buying a different blend of gasoline as stocks of winter gas run out and refineries nationwide switch to producing summer blends.

To feed those refineries, last year the U.S. imported more than 8.5 million barrels of petroleum a day. Meanwhile, the U.S. also exported more than 10 million barrels a day.

Wait, what? Why are we selling that oil instead of using it ourselves?

It’s mostly a chemistry problem. The crude oil we’re buying is thick and has lots of sulfur, hence it’s called heavy sour. The stuff we’re pulling up isn’t and doesn’t, so it’s called light sweet.

“All that variation in the chemistry of the oil means that you can’t refine all oil the same way. They have to go through different processes,” said Hugh Daigle, a professor of petroleum engineering at the University of Texas at Austin.


Sep 20, 2024
Is it cheaper to borrow now?

Sep 18, 2024
He said our refineries were designed to process oil coming from Mexico and Venezuela. “And a lot of that tends to be relatively heavy and relatively high in sulfur,” he said.

Then a little over a decade ago, shale fracking took off in the U.S., and so did the supply of light sweet oil. But even if U.S. refineries could flip a switch and start refining that oil, GasBuddy analyst Patrick De Haan said it’s coming out of the ground in the wrong places.

“The need is infrastructure,” he said. “You may produce all this light sweet crude oil in Texas. But if you don’t have pipelines to the nation’s refineries to deliver it, how are you going to be able to utilize it?”

So importing foreign crude oil is cheaper. Meanwhile, De Haan said, increasing renewable energy demand is making investments in fossil fuels riskier

Save it. I know

Now sit down your posts are easily searchable. You're a fraud, I've even got one archived when you claimed to be Christian.

Now sit