The Sticky Math Of Crude Oil Imports v Pipelines
The United States was once upon a time energy independent and then Joe Biden was elected.
Since then, it has become apparent that we need to find some new sources of crude oil particularly since we finally stopped funding the crude Putin War Machine by buying more than 600,000 barrels a day of his nasty Russian crude.
The Biden administration is reportedly looking in Venezuela and Iran to replace that crude which entails the reality that it will be shipped in oil tankers.
Maybe they should look in the United States since we sit on a gigantic reservoir of oil and gas ourselves? Maybe we should re-invigorate the Keystone XL pipeline deal? Using domestic sources would preclude shipping costs and environmental impacts.
What is the environmental cost of importing oil via ship?
There is no alternative when importing oil than ships. Well, except for pipelines, trains, and trucks from Canada.
