@bukaxon.eth
The US oil market has undergone a historic transformation:
The US has been a net exporter of oil every quarter since 2020, with exports up to ~360 million barrels per quarter, the 2nd-highest on record.
Since 2008, US oil exports have surged +800%, driven by the shale revolution.
Over the same period, imports have fallen by roughly -38%, to ~260 million, near the lowest since the 1990s.
The US has gone from net IMPORTING ~400 million barrels of oil per quarter in 2006 to net EXPORTING ~100 million barrels per quarter in 2025.
This marks one of the biggest energy shifts by a major economy in modern history.
US oil dominance is reshaping global energy dynamics.
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