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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Economics Explained

Economics Explained

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

DEC 2, 202416 MIN
Economics Explained

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

DEC 2, 202416 MIN

Description

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.

Learn more about your ad choices. Visit megaphone.fm/adchoices