The left and gas prices - what they won't tell you
- Thread starter Diogenes
- Start date
View: https://x.com/brithume/status/2030280100810244237?s=20
Keep in mind that the USA imports ZERO Iranian oil.
Keep in mind that the USA imports ZERO Iranian oil.
Overview of US-Iran Oil Trade Trends
The historical oil trade between the United States and Iran has been heavily influenced by geopolitical events, particularly the 1979 Iranian Revolution and subsequent U.S. sanctions. Prior to 1979, Iran was a significant supplier of crude oil to the U.S., with imports peaking in the late 1970s.
Following the revolution, imports plummeted and have remained negligible or zero for most of the ensuing decades due to embargoes and restrictions.
Data from the U.S. Energy Information Administration (EIA) shows that U.S. imports of crude oil and petroleum products from Iran averaged hundreds of thousands of barrels per day in the 1970s but dropped to near zero by the 1980s and beyond.
To put America's alleged "thirst for Middle Eastern oil" into perspective, Persian Gulf oil (including Iran's) as a share of total U.S. imports had already declined from over 20% in the early 2000s to about 8% by 2024, driven by U.S. shale production and reduced Middle East dependency.
When a lefty claims the price of gas is high because of Trump, laugh at their ignorance.
The historical oil trade between the United States and Iran has been heavily influenced by geopolitical events, particularly the 1979 Iranian Revolution and subsequent U.S. sanctions. Prior to 1979, Iran was a significant supplier of crude oil to the U.S., with imports peaking in the late 1970s.
Following the revolution, imports plummeted and have remained negligible or zero for most of the ensuing decades due to embargoes and restrictions.
Data from the U.S. Energy Information Administration (EIA) shows that U.S. imports of crude oil and petroleum products from Iran averaged hundreds of thousands of barrels per day in the 1970s but dropped to near zero by the 1980s and beyond.
To put America's alleged "thirst for Middle Eastern oil" into perspective, Persian Gulf oil (including Iran's) as a share of total U.S. imports had already declined from over 20% in the early 2000s to about 8% by 2024, driven by U.S. shale production and reduced Middle East dependency.
When a lefty claims the price of gas is high because of Trump, laugh at their ignorance.
Jade Dragon
And I'm the one that jaded you.
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