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Why Does The US Import Oil When They Produce So Much?

Why Does The US Import Oil When They Produce So Much?

Update: 2024-12-02

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The United States is the largest oil producer in the world, yet it remains one of the biggest oil importers. Explore why the USA imports oil despite record-breaking production, what this means for energy security, and how long this oil boom can last.

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Why Does The US Import Oil When They Produce So Much?

Why Does The US Import Oil When They Produce So Much?

Economics Explained