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Oil used to be a rounding error, even after shale completely changed the US oil balance and shifted the US from being a net importer to a net exporter. But the recent numbers change that. Net oil exports are now a meaningful plus for the trade balance...
https://robinjbrooks.substack.com/p/the-relationship-between-the-dollar

Oil used to be a rounding error, even after shale completely changed the US oil balance and shifted the US from being a net importer to a net exporter. But the recent numbers change that. Net oil exports are now a meaningful plus for the trade balance...
https://robinjbrooks.substack.com/p/the-relationship-between-the-dollar