03-05-2022, 05:53 PM
(03-05-2022, 05:14 PM)Maggot Wrote: What I said was not correct. The U.S. became a net exporter in 2020 meaning we exported more than imported. The first time since 1949. We exported 8.5 million barrels and imported 7 million barrels. Give or take a drop.
(03-05-2022, 05:38 PM)Duchess Wrote: This is sounding even crazier to me. Shouldn't we be supplying ourselves? What am I not getting? Has it been made more complicated than it needs to be?
Exporting isn't sound policy, either, given the geo-strategic/economic volatility. I think the ideal would be building up a strategic reserve, to be utilized under strict regulations that couldn't be circumvented by the executive branch. Both parties have weakened congressional and judicial oversight of the executive branch. That needs to be corrected so we can have policy that serves the public interest.