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US energy independence is on the way out

WTI Crude has risen to the $53- per-barrel level

By Phil Flynn


The war to gain our energy independence was fought with blood, treasure and American ingenuity, but that doesn’t mean we get to keep it.

Earlier this week, the Energy Information Agency (EIA) reported that the U.S. will now return to importing more crude oil and petroleum products than it will export for 2021 and 2022. That is big…

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