Updates
July 1, 2022: US recoverable oil increases as global recoverable oil decreases.
Original Post
I get a kick out of pundits back to arguing whether the US is energy-independent or energy-dependent.
That train has left the station.
The US is now energy dominant.
I was not the first to say that -- others are starting to say that -- but that view is corroborated by the graphic at this link.
Holy mackerel. When I went to tag this, I had forgotten I already had the tag: "US_Energy_Dominance."
The first post with that tag was posted December 10, 2019.
One might want to google US energy dominance, putting it in quotes. You might be surprised at the first hit on google.
But look at this. From Bloomberg, only one month ago, "US to become 'Energy Dominant' on global price jump, Bank of America" -- December 1, 2021.
From Summer, 2020, edition of International Economy, Today: Dominance Denied. How America's pursuit of energy domination destroyed the oil industry.
Perhaps better said: how America's pursuit of energy domination destroyed Big Oil allowing Small Oil to takeover.
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