"WELL ASKCUALLY THE USA IS A NET EXPORTER OF OIL!!!" (hexbear.net)

submitted 3 weeks ago by ConcreteHalloween@hexbear.net to c/chapotraphouse@hexbear.net

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Anyone else love this fucking take?

It seems to assume the US has a national oil company, which it doesn't, it's run by a bunch of private firms with foreign interests, so even if the US exports more oil those companies still want to secure their foreign interest. ExxonMobil has offshore wells in Guyana which is right next to Venezuela, why would they do they if the USA has such much good crude?!?!?!

Shut the fuck up debate pervert!

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[-] chgxvjh@hexbear.net 10 points 3 weeks ago* (last edited 3 weeks ago)

Because it's more profitable to export the good crude and import lower grade oil, from even just a national economy standpoint, as long as prices are high enough. But of course the US is corrupt beyond that and perfectly willing to spend many times over on military if it allows US companies to extract additional resources abroad.

this post was submitted on 01 Dec 2025

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