It is, and most of it goes to Asia, but since oil demand is just barely met all over the world a supply shortage anywhere is felt everywhere through rippling demand. But I was just explaining why a closed-door domestic oil policy wouldn’t work in the USA despite our net export. Under any foreseeable global demand regime.
It is, and most of it goes to Asia, but since oil demand is just barely met all over the world a supply shortage anywhere is felt everywhere through rippling demand. But I was just explaining why a closed-door domestic oil policy wouldn’t work in the USA despite our net export. Under any foreseeable global demand regime.