U.S. Oil Imports

U.S. Net Oil Imports Increase As Domestic Production Declines

Posted by SRSrocco in Energy, Silver Members on March 24, 2021 — 5 comments

The days of Energy Independence may be over for the United States as net oil imports rise as domestic production declines. Just a year ago, the U.S. oil industry produced over 13 million barrels per day of oil. However, due to the pandemic shutdowns, the peak of U.S. shale oil production has likely arrived…

U.S. ENERGY INDEPENDENCE?? Still Importing Nearly 8 Million Barrels Of Oil Per Day

Posted by SRSrocco in Energy, News, Silver Members on July 13, 2018 — 37 comments

How is the U.S. is becoming “Energy Independent,” if we are still importing almost 8 million barrels per day of oil?? While the Mainstream media and the Whitehouse continue with the energy independent mantra, the U.S. is still highly reliant upon a great deal of foreign oil. And, why would the U.S. import 8…