Economy, asked by Aparnaaa, 9 months ago

Though America has oil reserves, why do it import oil from other countries?

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Answered by Anonymous
2

Answer:

Overall, the United States imports more than it exports, making it a net importer of petroleum. In 2017, imports provided 19% of the country's demand for petroleum. ... However, in the last few years, the U.S. has begun exporting a significant quantity of crude oil, due largely to high domestic oil production.

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