Why Does the U.S. Buy Russian Oil?
Energy,Russia,Ukraine War,Gas Prices,Trade,World,Sustainability,Climate Change,Fossil Fuels
The fracking boom made America the world’s biggest oil producer a few years ago, but the U.S. still imports millions of barrels each day from other parts of the world, including Russia.
In the wake of Russia’s invasion of Ukraine, some in Congress have urged the Biden administration to come down swiftly on U.S. imports of Russian crude, going so far as to recommend banning the cargoes.
Here is a look at why the U.S. still imports Russian crude and where it goes.
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