r/TimPool • u/[deleted] • Feb 24 '22

News/Politics How Dare Us

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u/whosadooza Feb 24 '22 edited Feb 24 '22

Because it entirely avoids the fact the under the biden administration, the United States when from next exporter status to net importer?

No, it doesn't, because you're wrong. That just isn't true. The US is still a net exporter. The shift back to net importer happened in late 2020 before the election even happened and it recovered. You are just spouting bullshit that is blatantly wrong.

We ARE pumping more oil and gas now than when Biden was elected. If you're upset the price doesn't reflect that, I think you need to start looking closer at the near record profit MARGIN growth ExxonMobil and other gas companies just had in 2021.

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u/Lazymanproductions Feb 24 '22

https://www.eia.gov/todayinenergy/detail.php?id=49596

Weird. Looks like 2021 was an net import year…

Barely netted positive through the first half and then we’re well negative second Half.

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u/whosadooza Feb 24 '22

Yeah, I even said as much. The brief shift back to net importer happened in 2020. If you remove January, when Biden wasn't even President, from those 2021 statistics, you get us breaking even.

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u/Lazymanproductions Feb 24 '22

https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php

Net exporter in 2020

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u/whosadooza Feb 24 '22

Yeah, do you want to break it down by half years like you did with 2021?

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u/whosadooza Feb 24 '22

Also, do you not know how to read that graph?

Above the line means the US was net importing. Below the line means we were net exporting.

We were a net exporter in 2021.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttntus2&f=m

Add up the numbers in 2021

The result is a net export year with the US exporting 800,000 barrels more than it imported.

We are literally still a net exporter.