Americans Paid $32 Billion for Imported Oil in November
Our country’s dangerous addiction to imported oil led to almost $33 billion exiting the American economy and ending up in the coffers of other countries. Instead of helping to create jobs here at home, those expenditures helped to build the G.D.P. of other countries.
Nationwide imports in November resulted in a total import figure of 301 million barrels or 53% of US supply. The total cost of oil imports for November was $32.8 billion.