63
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 May 2026
63 points (100.0% liked)
askchapo
23272 readers
229 users here now
Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.
Rules:
-
Posts must ask a question.
-
If the question asked is serious, answer seriously.
-
Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.
-
Try !feedback@hexbear.net if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.
founded 5 years ago
MODERATORS
The US remains a net exporter of oil. They are the largest producer of oil, accounting for something like a fifth of oil produced annually. The US is not running out of oil because of this.
The issue is not that the USian citizen is going to actually turn on the nozzles and air comes out, the issue is price.
the USA is a net exporter of petroleum products but is actually a net importer of oil. natural gas is the big difference
Yeah we have big refineries here. Lots of heavy crude coming from Canada, and its also why the USA had to get rid of Maduro before starting war with Iran. Oil imports are the highest they've been since 2019 from Venezuela.
AFAIK the USA doesn’t export the kind of oil you can use for cars, trucks, or airplanes.
More specifically the US isn't setup to refine the oil it exports. It would cost many billions of dollars to convert. I'm not real knowledgeable on the topic, but the US seems to be a real pro at kicking itself in the balls. Dumb yankees. I hope it hurts.
The oligarchs are real good at maximizing profits for themselves.*
They dont give a fuck if it destroys the country. They'll just move somewhere else and keep going.