1. Petroleum-Independent, For Now.
- Author
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EBERSTADT, NICHOLAS, SCISSORS, DEREK, and ABRAMSKY, EVAN
- Subjects
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PETROLEUM export & import trade , *ENERGY industries , *PETROLEUM products manufacturing ,UNITED States economy ,UNITED States economic policy - Abstract
The article discusses the energy surplus in the U.S. as the country exported more oil and petroleum products than it imported in 2020. It mentions the benefit of the transformation for the U.S. economy that has enabled more foreign-policy flexibility. Topics include the need for U.S. President Joe Biden's administration to be mindful of the country's new energy and strategic advantages and data from the U.S. Energy Information Administration (EIA) on oil surplus.
- Published
- 2021