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It is a useful trope for anti-American sentiment. In all honesty, the US exports more oil than it imports... And it imports almost exclusively from Canada and Mexico.
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Funny & Fresh Memes About This Week's Skyrocketing Oil Prices. Gas prices have soared to $4.25 per gallon—the highest in U.S. history. Costs were already predicted to surge in 2022, but with the current sanctions against Russian energy, commuters are going to feel the pain way sooner and harder than expected.
There's allready plenty of natural gas, oil, and coal in the states so I see no reason in wasting millions (or billions) of dollars in starting a war when you could gain the oil through trade and financial transactions between companies.
Jun 23, 2022 · The average price of gasoline is above five dollars, and there's been a lot of memes made about the situation and what it might mean.
USD/CAD and the oil price have a positive correlation. (The y-axis to USD/CAD is reversed.) When oil prices rise, the Canadian dollar . CAD peaked out and reversed before oil prices did in 2008 and 2014. Canada is one of the world's largest exporters of commodities, including crude oil.
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The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946.
