The untapped potential oil sheikdom of America 未開発の国産石油が米国を産油大国にする可能性
The untapped potential oil sheikdom of America
Saudi Arabia is no longer king of the oil patch, and the United States can put the 1970s oil shortage down the memory hole and act again like the world’s No. 1 producer. American drillers pull 12.3 million barrels of oil out of the ground every day. The Saudis pump 11.6 million barrels daily. But American companies can’t sell any of the bounty overseas.
Only refined oil products may be sold abroad, and American refineries are shipping gasoline and diesel fuel abroad at historic rates. A ban on crude-oil exports has been in place for decades, a relic of the 1973 OPEC oil embargo. With a few exceptions – a barrel or two make their way to Canada and Mexico – oil can’t leave American shores.