New York CNN Business —OPEC+’s decision to slash oil production has set off bipartisan fury in Washington directed at the Saudi Arabia-led group, raising calls for a hard-hitting US response.
And as Democratic Congressman Ro Khanna told CNN earlier this week, in some ways the United States is less dependent on Saudi Arabia and other OPEC nations than in the past.
US oil production has skyrocketed over the past 15 years, driving down foreign oil imports.
Last year, US crude oil imports from OPEC nations stood at just 798,000 barrels per day.
OPEC nations are among the only countries with the firepower to fill any gap created by the potential loss of Russian supply.