alt Hacker NewsIsn't the US self-sufficient in both oil and natural gas? Most impacted is East/South Asia, second most is Europe, then US is the least impacted by far, although the US will experience inflation on imported goods.
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toomuchtodo • yesterday at 11:25 PM
There are no export restrictions, US oil consumers compete with the world to purchase US oil.
https://www.cnn.com/2026/06/12/business/cushing-oil-inventor...
The US produces a lot of light crude from fracking, however the refineries were built to process heavy crude. Therefore the US still needs to import heavy crude to meet demand.