answersLogoWhite

0


Best Answer

To gain trade with other countries and also gain profit. Depending on the location and type of oil, it is sometimes easier to sell oil (and buy it from others) than to use it domestically. The answer also has to do with the type of crude oils that are involved. Crudes have different components and contaminants. So a particular oil field may produce a crude which a particular domestic refinery does not refine. At the same time, since the nation needs a lot more crude than it can produce, it imports much of the types of crude which are refinable in the US.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why does America import and export oil?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does Alaska import and export?

They export oil and seafood and import all of everything the use or consume.


What does Iran import and export?

oil


What does Spain export and import?

import: oil, cars export: olive oil, other agricultural products


What does Niagara Falls import and export?

oil


Does the US import or export more oil?

Import, form Saudi Arabia


What does Spain import to Canada?

import: oil, cars export: olive oil, other agricultural products


What products do Iranians import and export?

Mostly Oil.


What does Afghanistan import and export?

nothing major that we are aware of - may be some rugs and crafts


Which countries does Kuwait import and export heir products from?

what country does kuwait export oil to


What products does Canada import and export?

they import dougnuts and export teathey export oil gas uranium maple syrup hocky sticks and newsprint to list a few


What does America import the most?

they import oil the most


What does Manitoba export and import?

What does Manitoba import and export