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When did U.S. oil consumption exceed our 'Production' of domestic crude?
...this time I said "Production" instead of "Supply"
even though I don't think that should have mattered that much since Supply is usually based on Production.
Hello Seederman
looking at the Graph you provided it sure "Looks" like 'production' might have been enough to exceed 'demand' in the early 1050's !
(by far)
Hello Seederman
looking at the Graph you provided it sure "Looks" like 'production' might have been enough to exceed 'demand' in the early 1050's !
(by far)
Hello Seederman
looking at the Graph you provided it sure "Looks" like 'production' might have been enough to exceed 'demand' in the early 1050's !
(by far)
Okay... lets say you are right
Then what year did the US production come Closest to supplying domestic demand ?
2 Answers
- SeedermanLv 79 years agoFavorite Answer
Consumption has always exceeded our production; we've always imported some in addition to what we've produced.
If you mean, when did importation of oil exceed domestic production of oil, it was in the early 1990's:
http://en.wikipedia.org/wiki/File:US_Crude_Oil_Pro...
Is that what you mean?
- Anonymous9 years ago
Lack of drilling plain an simple if for no other reason to create more jobs an tax revenue but BHO does not want fossil fuel jobs.
