Vastly reduced oil purchased from opec

Reference no: EM13747163

In recent years, the gov't has vastly reduced oil purchased from OPEC, and offset it by oil purchased from NAFTA partners, Canada and Mexico.Since the US is part of NAFTA too, is this oil really 'imported', or is it just moving from one place in NAFTA, to a different place in NAFTA? Is the effect on NAFTA, and to the US, negated by this change in suppliers?

Reference no: EM13747163

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