Not any more. The biden administration halted oil exploration on federal land, so now we are a net importer. We are running the existing wells dry and not drilling any more.
With the price of oil so high, though, I wonder if more dramatic changes to the market are coming, including massive numbers of oil wells on private land and fracking nearer to cities.
With the price of oil so high, though, I wonder if more dramatic changes to the market are coming, including massive numbers of oil wells on private land and fracking nearer to cities.