Did you know the U.S. is the second largest oil producing nation in the world?

Answer 1

while we are one of the great oil producers of the world (second only to OPEC I believe) we use it in ways that I personally believe are stupid. Oil companies in america (like BP) export most of their oil because it tends to make a greater profit elsewhere from smaller countries

Answer 2

United States proven oil reserves declined to a little more than 21 gigabarrels by the end of 2004 according to the Energy Information Administration, a 46% decline from the 39 gigabarrels it had in 1970.
The United States has the largest known concentration of oil shale in the world, according to the Bureau of Land Management and holds an estimated 800 gigabarrels of recoverable oil, enough to meet U.S. demand for oil at current levels for 110 years.
There are environmental concerns about oil shale development. The oil shale areas are semi-arid, in which mine scars last for centuries, and are at the headwaters of several important rivers, notably the Powder River in a region in which water rights are very important. By contrast, the Alberta oil sands are in a largely uninhabited boreal forest that is periodically destroyed by forest fires, and the rivers are very large and flow into the Arctic Ocean. As a result, the oil shales are probably not going to see development until oil sands production is well underway.

Answer 3

Uh... Might it be a market strategy? Although I am not living in the U.S, I do live in an oil producing country. However, my country has to buy gasoline to the U.S. because petrochemistry, the technology necessary to make gasoline out from the extracted petrol, is not available for us yet. In the other hand, don't you think that once the other countries run out of oil, the U.S. will have to sell it to whoever has enough money to buy it? well, that's my point of view, you are free to vote down it.

Answer 4

Obamoron is an entire fraud. He talks about what we’re doing – using too a lot power and ingesting too a lot nutrition – and then says, “That’s no longer administration.” Isn’t HE the fellow who’s operating for president? Isn’t HE the fellow who’s claiming HE should be the chief of the loose global? Isn’t HE the fellow who should be speaking about innovations quite than merely reciting a itemizing of the subjects? both this guy is stupid or he thinks we are. he's; we’re no longer. He’s in for a foul wonder. I’ll guess his speech sounded large even as he study it from the teleprompter. It likely “inspired” an incredible style of human beings. yet, like maximum of what he says, it’s in no way inspirational once you study it. He comes throughout the time of as a pedantic fool. is this charlatan truly suggesting that we decrease our power intake by 88 % so our intake will equivalent our representation contained in the global inhabitants? Mach 3? attempt mach 10. The imbeciles who help Obama couldn’t get via the third grade in a West Virginia grammar college. Thomas – right here’s my rant: Obama is a fool. How about that!? Sage – in case you imagine McCain is in course of Marx than Obama is you’re complicated Karl with Groucho. “Sageandscholar?” Hand me my airsick bag – quick! You communicate about provide side manipulation? have you learnt that Barack Obama spent 4 years interpreting and education political manipulation recommendations? He reported, “It’s the finished education I ever were given.” a number of you Obama worshippers opt to understand that brainwashing doesn’t clean the guidelines – it merely pollutes it.

Answer 5

Yes I did know that. I also know that we are the single largest consumer of oil.

We DO make more than we use. However, because oil is a nonrenewable resource and our military requires it, we would rather buy and use other countrie's oil than our own, because if a worldwide shortage occurs, we'll still have our own stockpile.

That was a military decision made decades ago and still holds true today.

Answer 6

So what...that just means we have a lot of refineries.....and that's only b/c we consume the most oil.

And you are talking crude oil...which WE do process but of course we import most of it.

As far as proven oil reserves......we are low on the list. Middle East has the most....SA is at the top of the list.

Answer 7

I DO NOT THINK SO, THE US IS THE WORLD NET BUYER OR IMPORTER OF OIL IN THE WORLD AND PRODUCING.

Answer 8

Then WHY are we So dependent on FOREIGN OIL ,
because of the liberal democrats?
Get UR head out of your bumm!

Answer 9

Do you know that the US is also the number one consumer in the world?

Answer 10

yes I do.

We are also the largest consumer by a factor of three