How much Alaskan oil is actually consumed in the US?
Alaska doesn't produce 20 percent of US energy, and I thought that most, if not all of it, was sold on the open markets. I wish someone would call Palin out on this lie.
It's only 20 percent if one averages over a very long period of time, Alaskan oil fields have been in decline for a number of years.
And I seem to remember that of that 14 percent, less than 25% actually is refined in the US or about 4% of US refined oil products originate in Alaska.
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