The United States and Venezuelan Oil (Jan 2019)

Brook Potter explains that while the United States consumed 20% of the world's oil, it also produces 16% of the world's oil, above Saudi Arabia. The United States need for oil is not as big many people believe.

What countries are the top producers and consumers of oil?
https://www.eia.gov/tools/faqs/faq.php?id=709&t=6

Shale oil and shale gas resources are globally abundant
https://www.eia.gov/tools/faqs/faq.php?id=709&t=6

Oil shale reserves
https://en.wikipedia.org/wiki/Oil_shale_reserves

U.S. Imports by Country of Origin
https://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbblpd_a.htm

PLEASE WATCH:
What's Happening in Venezuela?: Just the Facts
https://youtu.be/bEvHwiJWgAY

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