Checking Maria Bartiromo's claim
MONDAY THROUGH FRIDAY FROM
09:00AM TO 05:00PM REGISTRATION
ONLINE IS ENCOURAGED BUT NOT
REQUIRED AS THE U.S. IMPOSES
SANCTIONS ON RUSSIA
>> THE BIDEN ADMINISTRATION
SAYS IT MAY NOW EASE
RESTRICTIONS ON OIL IMPORTS
FROM VENEZUELA. THE MOVE COMES
AMID CRITICISM THAT THE U.S.
RELIES TOO MUCH ON RUSSIAN OIL
ARE PAUL SPAY CHECKS IN ONE OF
THOSE CLAIMS FOR POLITIFACT?
JUST HOW MUCH DOES THE UNITED
STATES RELY ON RUSSIAN OIL?
WELL.
>> IF YOU WATCH FOX NEWS, YOU
MAY HAVE HEARD MARIA BARTIROMO
SAY IMPORTS HAVE GONE UP A LOT
IN RECENT MONTHS.
>> THEY'VE BEEN MAKING BILLIONS
IN THE BLACK MARKET AS PRICES
OF OIL SKYROCKET, RUSSIA AS
WELL. AND BY THE WAY, THE
UNITED STATES IS ALSO RELIANT
ON RUSSIAN OIL. WE'VE DOUBLED
OUR IMPORTS FROM RUSSIA IN THE
LAST YEAR.
>> HAS THE U.S. RELIANCE ON
RUSSIAN OIL REALLY DOUBLED?
NOT EXACTLY THE U.S. DID PIVOT
TO RUSSIAN OIL AFTER PLACE
SANCTIONS ON VENEZUELAN 2019
AND RUSSIA SOON BECAME THE
SECOND LARGEST IMPORTER TO THE
U.S. CANADA WAS NUMBER ONE.
WE REACHED OUT TO FOX. THEY
POINTED TO NUMBERS SHOWING THAT
IMPORTS OF CRUDE OIL HAD
DOUBLED BETWEEN 2020 2021.
THIS CHART IS FROM THE U.S.
ENERGY INFORMATION
ADMINISTRATION. AND YOU CAN
SEE THERE IS A BIG SPIKE HERE.
HOWEVER, THE U.S. IMPORTS 2
TYPES OF RUSSIAN OIL CRUDE OIL
AND REFINED PRODUCTS LIKE
GASOLINE AND KEROSENE AND THE
BULK OF IMPORTS IS THOSE
REFINED PRODUCTS, NOT CRUDE.
SO WE TAKE A STEP BACK AND LOOK
AT ALL OIL IMPORTS FROM RUSSIA.
WE SEE THE INCREASE FROM 2020
TO 2021. WAS SIGNIFICANT ABOUT
28%. BUT NOT NEARLY AS BIG AS
BARTIROMO SAID. AND THAT'S WHAT
MAKES HER TIME.
>> MOSTLY FALSE.