Why Does The US Import Oil When They Produce So Much?
Economics Explained
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The Evolution of the US Oil Industry: Fracking and Its Implications
This chapter delves into the historical developments of the US oil industry, from the 1973 oil embargo to the rise of hydraulic fracking in the early 2000s. It discusses the impact of these changes on domestic production, trade dynamics, and the ongoing challenges of sustainability and environmental impact.
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