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oil imports

An aerial view of the Pasadena Refining System, Inc., in Pasadena, Texas, from 2017.
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Why does the US Import oil despite producing enough for its needs?

The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million barrels daily, mostly heavy crude, much of which comes from Canada. Here’s why ...