U.S. reliance on Russian oil hits record high, Biden pressed to ease clampdown on U.S. energy
(Worthy News) – President Biden moved Tuesday to check Russian President Vladimir Putin’s energy leverage, releasing strategic oil reserves as U.S. petroleum imports from Russia hit a record high and frustration mounted over the administration’s domestic fossil fuel crackdown.
The U.S. imported 245 million barrels of Russian crude oil and petroleum products last year, a surge of about 24% over 2020, according to preliminary 2021 figures released Monday by the Energy Information Administration.
“This equates to nearly 672,000 barrels per day — an all-time record and a 79% increase from just four years ago,” Martin Durbin, senior vice president for policy at the U.S. Chamber of Commerce, said in a statement. [ Source: Washington Times (Read More…) ]
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