The Limited Times

Now you can see non-English news...

Trump, Middle East oil is not needed in the US

2019-09-16T23:31:43.678Z


[Washington 16th Reuters]-Trump's US president has jumped to the top of the world in oil production in a series of tweets about attacks on oil facilities in Saudi Arabia on the 16th, so Middle Eastern crude oil is not necessary


[Washington 16th Reuters]-President Trump said in the series of tweets about attacks on Saudi Arabia's oil facility on the 16th that the US jumped to the top in the world in oil production, so Middle East crude oil was no longer needed Shown how to see.

“The United States is the world's largest energy producer and the world's largest energy exporter. We don't need Middle East oil and gas, and there are few US tankers in the Middle East. Still helping our allies!”

However, according to data from the US Energy Saving Information Agency (EIA), the United States has certainly seen a dramatic increase in oil production thanks to the shale boom over the past decade, but crude oil and oil from the Middle East Gulf region last year. Product imports were still high.

Jean-François Sezne, a senior fellow at the Atlantic Council Global Energy Center in the US think tank, said in a telephone conference, “The United States is still importing significant amounts and is not affected by the global market at all. Not. "

The US accuses Iran of being behind the attacks that Saudi Aramco's two oil facilities underwent on the 14th. On the other hand, Iran denies involvement.

Saudi Arabia is the world's largest oil exporter, with an export volume of around 7 million barrels a day. US production is 12 million barrels, but the consumption is more than 20 million barrels, and the shortage needs to be imported. Most of the shortfall is covered by imports from Canada, but a certain amount is also imported from Gulf countries such as Saudi Arabia and Iraq. This is because some refineries in the country, such as Motiva Enterprises, the largest refinery in the US, in which Saudi Aramco has a 50% stake, preferentially procure Middle Eastern crude oil.

According to the EIA, the crude oil and petroleum products imported by the US from the Middle East Gulf region in 2018 averaged 48 million barrels a month. Although it has decreased by about a third from 10 years ago, it is almost the same level as 1995-96.

Philip Cornell, Senior Fellow of the Atlantic Council, said Trump's tweet was “nonsense” and said, “I would like to exaggerate things.”

Source: asahi

All news articles on 2019-09-16

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.