Arthur Berman: “The Devil is in the Diesel”
The Great Simplification with Nate Hagens
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Is the US an Oil Exporter?
The US imports a lot less crude oil than it did say 10 or 15 years ago because of the shale situation. We don't, we no longer have to import other countries light oil. As long as we're in the business of exporting refined products, we need heavy oil or we can't do it. It's very unlikely that we will ever and stop importing other people's oil until the world just doesn't use oil anymore.
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