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Old 04-03-2023, 13:55   #335
Paslode
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Join Date: Jun 2008
Location: Occupied Wokeville
Posts: 4,645
Quote:
Originally Posted by GratefulCitizen View Post
The United States is becoming a greater exporter of energy.
Predictions of demise of the US dollar as the world’s reserve currency may be a bit premature.

The US has been a net exporter of petroleum + petroleum products for over a year.
(Technically, petroleum is still a net import, but this is more than offset by the export of products).

https://www.eia.gov/dnav/pet/hist/Le...s=WTTNTUS2&f=W

The US is also a significant net exporter of natural gas.
(Compare the links.)
https://www.eia.gov/dnav/ng/hist/n9100us2m.htm
https://www.eia.gov/dnav/ng/hist/n9130us2m.htm

The US is also a net exporter of coal.
(Compare the links.)
https://www.eia.gov/coal/production/...f/t18p01p1.pdf
https://www.eia.gov/coal/production/...df/t7p01p1.pdf

Which could be the reason why TPTB are pushing green so they sell those resources overseas instead of within the US. And/or bankrupt the current owners as a means of nationalizing those industries or foreign entities buying up the assets for pennies on the dollar. Whether or not the US loses reserve currency status or not, very little bit that isn't traded in US dollars is a hit on the US economy especially when your running a 31+ trillion deficit.
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Last edited by Paslode; 04-03-2023 at 14:06.
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