FiveThirtyEight
Ben Casselman

Trump says the Saudis are “making less than they used to” selling the U.S. oil. That’s an understatement. A year and a half ago, oil was selling for over $100 a barrel; today it’s selling for about $30. Meanwhile, the U.S. is importing far less oil than it used to, both overall and from Saudi Arabia in particular. In 2008, the U.S. imported 1.5 million barrels of oil a day from the Saudis; today that’s down to less than a million barrels a day.

Filed under

Exit mobile version