Trump: "Maybe we shouldn't be there at all. We have a lot of oil." Trump says other countries should protect the Strait because "we have a lot of oil.

He consulted no one, informed no one. Except Israel. Now that it's turned out to be more difficult than Netanyahu told him it would be he wants help and at the same time he hasn't the courage to admit it.

So he's a mess, just like his war.
 

Trump: "Maybe we shouldn't be there at all. We have a lot of oil." Trump says other countries should protect the Strait because "we have a lot of oil." After starting a war, disrupting global oil - he is now asking why the US is even there, and blaming other countries for not being there.​


Yep we have a lot of oil but we still have to import about 7 to 8 MBPD for our needs we use about that much more then we produce.
We produce in the area of 13.2MBPD and use over 20 MBPD.
 

Trump: "Maybe we shouldn't be there at all. We have a lot of oil." Trump says other countries should protect the Strait because "we have a lot of oil." After starting a war, disrupting global oil - he is now asking why the US is even there, and blaming other countries for not being there.​


The price of oil is global, so if the price of oil is 110 dollars a barrel, it's 110 dollars a barrel here too, which means higher gasoline prices here too?!!
 
I do believe that the US is one of the leading exporters of oil
Or is it an exporter of energy NOT oil?
we have to import 7 / 8 MBPD of oil to meet our needs, what we export is very large amount of NG and that makes us a net exporter of ENERGY
We use to be a net importer of energy then they started fracking in the Marcellus NG reserve and we became a net exporter of energy because we export large amounts of NG.
 
Back
Top