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18 February, 05:14

Why does the US import oil? O because it does not produce any oil O because it has exported too little oil O because it has exported too much oil O because it does not produce enough oil

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Answers (2)
  1. 18 February, 06:44
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    Because it doesn't produce enough oil
  2. 18 February, 06:56
    0
    because it does not produce enough oil

    Explanation:

    The US continues to import more cheap oil than it exports. The vast majority of oil imported is crude oil, causing a stagnation in the innovation of energy security and innovation.

    As the US oil industry still relies heavily upon oil it continues to depend upon gas and oil reserves, but other energy industries in the future lack the investment for making a major change possible.

    The social factors and concerns caused by the collateral damage of oil extraction and production are prompting for a series of changes in favor of low carbon energies and use of renewable alternative energies.

    The former referred to as the energy transition agenda. There is wide interest in ceasing to rely so much on oil on the mid-long term.
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