For the first time in 35 years, no oil flowed from Saudi Arabia to the United States last week, according to EIA data, in a show that the United States—at least for now—isn’t as reliant on oil from the Middle East like it used to be. In October, according to the EIA, the United States imported 8.544 million barrels. In June, that figure was more than 36 million, although that figure was a bit of an anomaly as Saudi Arabia threatened to flood the U.S. market with crude oil. In much of the early 2000s, the United States imported more than 45 million barrels of Saudi crude oil on a monthly basis. Source: EIA On a weekly basis, that figure has now fallen to zero. Source: EIA And the U.S. imports of crude oil are not just falling from Saudi Arabia. Through October, the United States imported significantly less […]