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Investments > Investing Science > America's Trade...
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America's Trade Deficit is because of oil

by "2.7182818284590..." <tangent1.57@[EMAIL PROTECTED] > Mar 11, 2008 at 06:21 PM

I noticed that the USA's trade deficit is about $860B a year.
Moreover, the USA im****ts 16 million barrels per day at $100/barrels.
We consume 21 million barrels per day, by the way.  Does this imply
that our trade deficits is largely the result of our dependence on
foreign oil?
 




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America's Trade Deficit is because of oil
"2.7182818284590...&  2008-03-11 18:21:40 

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tan12V112 Sat Nov 22 9:23:20 CST 2008.