Yes, it counts natural gas. Here are the EIA's definitions:Markk wrote: ↑Fri Mar 25, 2022 4:41 pmDoctor Steuss wrote: ↑Fri Mar 25, 2022 4:28 pm
I've looked at the numbers from a few sources (EIA, Statista, AGI), and all of them indicate that we imported about 3 times more oil than we exported each year under the Trump admin.
Doing some quick sloppy math of the energy potential of a ton of coal and how much we exported each year, that makes a decent dent, but doesn't make up for even half the gap. What significant type of energy export am I overlooking, that makes up for the approximate 1.5 billion barrels of oil energy gap each year under Trump?
Or am I just looking in the wrong place for exports/imports?
Maybe, but I think counting everything we were independent or close to it. I would think it factors in NG also. I read somewhere that we like Saudi oil because it is high in sulfur which is conducive with our refinery regulations. Let me know what you find I’ll look closer tonight.
Crude oil is a mixture of hydrocarbons that exists as a liquid in underground geologic formations and remains a liquid when brought to the surface. Petroleum products are produced from the processing of crude oil and other liquids at petroleum refineries, from the extraction of liquid hydrocarbons at natural gas processing plants, and from the production of finished petroleum products at blending facilities. Petroleum is a broad category that includes both crude oil and petroleum products. The terms oil and petroleum are sometimes used interchangeably.
As long as we have to import crude oil, we aren't "energy independent." Here's a pretty good article that explains why we import crude oil. https://breakingenergy.com/2018/06/20/w ... xport-oil/