The United States finally lifted the 40-year export ban. What happened afterwards?

As we all know, the development of modern society is inseparable from energy. As one of the most indispensable energy sources, oil plays an irreplaceable role. In the world, the Middle East has the most oil resources, mainly due to topography, climate and many other reasons. Of course, the Chu people are innocent and guilty, and owning such a treasure is bound to be coveted by other countries, and the United States is one of them.

The United States has large oil reserves, but it has always relied on imports. Of course, what they want most is their own oil resources. However, after Trump took office, he directly turned the United States into an oil power, completely subverting the previous practice. To this end, China immediately indicated its intention to cooperate. After consultation and negotiation, the two countries formally cooperated.

As early as the 1970s, the United States had the foresight to protect oil resources, so it promulgated an oil ban, that is, the Energy Ban and Energy Conservation Act, which strictly restricted the export of oil. In fact, they issued a decree for another reason, that is, the crazy rise in oil prices once plunged the United States into an oil crisis, so they had to do so. Of course, for various reasons, successive presidents have followed the rules.

The situation suddenly changed. The United States changed its old style and even directly exported oil, which not only shocked China, but also surprised many countries. But business still needed to be done, so China immediately contacted the United States and expressed his great hope to reach cooperation with them.

In fact, importing oil from the United States is of great significance to China, mainly because our energy import channels have always been relatively single, and only in recent years have we begun to advocate diversification of imports. You know, if you always rely on importing or exporting from a certain place, you will inevitably fall into a passive situation. Once the other side cancels the cooperation with China, it will bring us a heavy blow.

In the first two years, Australia relied too much on exporting fossil fuels to China. Later, in order to make more money, they raised prices privately. As a result, China not only did not suffer their losses, but cancelled this import channel. Because of this, countless Australian workers have no wages and have to take to the streets collectively. From this incident, we can see how harmful over-dependence is, but it is also Australia's own fault.

China used to import from the Middle East and Russia. If an American channel is added, our initiative will be greatly enhanced. Shortly after the signing of the agreement between the two countries, China imported the first batch of crude oil from the United States and processed it through the atmospheric and vacuum distillation unit, which is really good news to celebrate.

It is hard to imagine that the American ban lasted for more than 40 years. Fortunately, the ban was finally lifted. For China, it is naturally happy, but for the United States, it is not necessarily so. In fact, it is easy for us to understand that the ban previously issued by the United States is actually a selfish act, but we don't want to use our own, but we want to watch others go out and watch the play quietly, but all this has been destroyed by Trump. I don't know America.