Multiple Choice Questions on Inspite of being the second largest producer of petroleum U S A still imports one of the total deman........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Inspite of being the second largest producer of petroleum U S A still imports one of the total deman...........

Geography Energy
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    Inspite of being the second largest producer of petroleum U.S.A. still imports one of the total demand because of:

    Need of conserve and meet its present demand.

    Incorrect Answer

    Cost of petroleum production being high

    Incorrect Answer

    Insufficient resources to meet its demand.

    Correct Answer

    Uplift of land.

    Incorrect Answer
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    Explanation:

    Insufficient resources to meet its demand.

    • Although U.S. annual total petroleum exports were greater than total petroleum imports in 2020, 2021, and 2022.
    • The United States still imported some crude oil and petroleum products from other countries to help to supply domestic demand for petroleum and to supply international markets.

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