That's a big fat lie.
Yes, we hit Net Exporter status under Trump, but these things don't happen overnight, so the drive towards that goal had to have started earlier - like under Obama maybe(?)
And it's not like Biden couldn't have fucked it up if he'd wanted to - but apparently, he didn't want to.
As much as I hate the Dirty Fuels Cartel, and I wish we were doing smarter things, I have to say Biden's actually doing what Republicans are always carping about, which means they're being true to form - ie: they're a buncha lyin' sacks of shit.
So Trump's "drill baby drill" is bullshit (surprise surprise), cuz that's kinda what we've been doing this whole time. And it lends a little more credence to the already fairly well documented belief that Trump is willing to turn the US into a Russia-style hellscape in return for the billion dollar "donation" he's asked the Dirty Fuels Cartel to give him.
(ed note: It took me a minute to get my brain to make the distinction that 'Crude Oil' is not the same as 'Petroleum Products')
The United States became a total petroleum net exporter in 2020
In 2020, the United States became a net exporter of petroleum for the first time since at least 1949. In 2022, total petroleum exports were about 9.52 million barrels per day (b/d) and total petroleum imports were about 8.33 million b/d, making the United States an annual net total petroleum exporter for the third year in a row. Total petroleum net exports were about 1.19 million b/d in 2022. Also in 2022, the United States produced about 20.08 million b/d of petroleum and consumed about 20.01 million b/d. Although U.S. annual total petroleum exports were greater than total petroleum imports in 2020, 2021, and 2022, the United States still imported some crude oil and petroleum products from other countries to help to supply domestic demand for petroleum and to supply international markets.
The United States remained a net crude oil importer in 2022, importing about 6.28 million b/d of crude oil and exporting about 3.58 million b/d. Some of the crude oil that the U.S. imports is refined by U.S. refineries into petroleum products—such as gasoline, heating oil, diesel fuel, and jet fuel—that the U.S. later exports. Also, some of imported petroleum may be stored and later exported.
U.S. petroleum imports peaked in 2005
After generally increasing every year from 1954 through 2005, U.S. gross and net total petroleum imports peaked in 2005. Since 2005, increased domestic petroleum production and increased petroleum exports have helped to reduce annual total petroleum net imports.
Shares of U.S. petroleum imports from OPEC and Persian Gulf countries have declined, and the share of imports from Canada has increased
U.S. petroleum imports rose sharply in the 1970s, especially from members of OPEC. In 1977, when the United States exported relatively small amounts of petroleum, OPEC nations were the source of 70% of U.S. total petroleum imports and the source of 85% of U.S. crude oil imports.
Since 1977, the percentage shares of U.S. total petroleum and crude oil imports from OPEC countries have generally declined. Saudi Arabia, the largest OPEC petroleum exporter to the United States, was the source of 7% of U.S. total petroleum imports and 7% of U.S. crude oil imports. Saudi Arabia is also the greatest source of U.S. petroleum imports from Persian Gulf countries. About 12% of U.S. total petroleum imports and 12% of U.S. crude oil imports were from Persian Gulf countries in 2022.
Petroleum imports from Canada have increased significantly since the 1990s, and Canada is now the largest single source of U.S. total petroleum and crude oil imports. In 2022, Canada was the source of 52% of U.S. gross total petroleum imports and 60% of gross crude oil imports.
Most U.S. total petroleum exports are petroleum liquids and refined petroleum products
Since 1977, the percentage shares of U.S. total petroleum and crude oil imports from OPEC countries have generally declined. Saudi Arabia, the largest OPEC petroleum exporter to the United States, was the source of 7% of U.S. total petroleum imports and 7% of U.S. crude oil imports. Saudi Arabia is also the greatest source of U.S. petroleum imports from Persian Gulf countries. About 12% of U.S. total petroleum imports and 12% of U.S. crude oil imports were from Persian Gulf countries in 2022.
Petroleum imports from Canada have increased significantly since the 1990s, and Canada is now the largest single source of U.S. total petroleum and crude oil imports. In 2022, Canada was the source of 52% of U.S. gross total petroleum imports and 60% of gross crude oil imports.
Most U.S. total petroleum exports are petroleum liquids and refined petroleum products
Because of logistical, regulatory, and quality considerations, exporting some petroleum is the most economical way to meet the market's needs. For example, refiners in the U.S. Gulf Coast region frequently find that it makes economic sense to export some of their gasoline to Mexico rather than shipping it to the U.S. East Coast because lower-cost gasoline imports from Europe may be available to the East Coast.
Petroleum liquids include hydrocarbon gas liquids (HGLs). HGL exports, mainly propane, have increased substantially since 2008, and in 2022, were about 25% of total U.S. total petroleum gross exports.
Some companies purchase imported crude oil and gasoline
Although we cannot identify which companies sell imported gasoline or gasoline refined from imported oil, we publish data on the companies that import petroleum into the United States. A company that imports crude oil does not necessarily use those imports to produce the gasoline sold as that company's brand of gasoline. Gasoline from different refineries and import terminals is often combined when shipped by pipeline. Different companies owning service stations in the same area may be purchasing gasoline at the same bulk terminal, which may or may not include imported gasoline or gasoline refined from imported oil.
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