Thursday, February 17, 2022

US is (in some sense) energy independent

Wow, I didn't see this one coming. As of 2020, the USA is exporting more petroleum products than it imports. From Axios using the EIA's information.

I have to say, I do wish that translated to a decreased reliance on countries that are less than stellar global citizens (i.e. Saudi Arabia & Russia) but in today's news (Feb. 17th) it seems like we aren't really there yet. Surely what's imported and what's exported are not the same products, so the figure is somewhat misleading, but it still shows a promising trend. Maybe someday we won't be quite as reliant on those countries!