Category: Texas
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Why Are We Importing Oil?
“Why Does The US Import Oil When They Produce So Much?” explores the paradox of the U.S. being the world’s largest oil producer while still being the second-largest importer of oil, despite significant growth fueled by hydraulic fracking and technological advancements since 2008. It reflects on historical oil dependency, especially during the 1970s crises, which catalyzed a…