Description
U.S. wasnt "Oil Independent" in 2019-20 or for that matter --EVER
2019 we imported 3.3 Billion Barrels, have of that came from Canada & Mexico
2020 the numbers were slightly down but still close to 3 Billion barrels
demand down (Covid) worldwide, especially big consumers aka China.
Simple 10th grade Economics....Demand & Supply... just like other commodities on global Markets
Discussion
By posting you agree to the Terms and Privacy Policy.