So what's the United State's excuse?
(A lot of US citizens are somehow unaware of this: https://en.wikipedia.org/wiki/List_of_countries_by_oil_produ...)
Massive, continual, and ongoing failure to capture any significant part of the outgoing and diminishing value of the ground under our feet for the future needs of citizens, thereby reducing the wealth of our country as a whole so a few people can capture all the benefit of that lost stored wealth, rather than merely almost all of it?
It's not just oil—anything non-renewable coming out of the ground ought to pay into a trust fund like Norway's. We had a huge amount of it—oil, coal, minerals—and still have quite a bit, but we can't even figure out how to have anything resembling an OECD-standard healthcare system so I reckon a fix for that's not gonna enter the public debate for decades yet, if ever, meanwhile the stored value in our physical country itself drops every day.
surplus = production - consumption
Here’s some economic comparisons: https://countryeconomy.com/countries/compare/finland/usa
GDP per capita Finland 49,738$ US 65,462$
Average Wage Finland 52,890$ US 54,951$
Debt Per Capita Finland 29,624$ US 65,545$
Annual Vehicles / 1,000 p. Finland 23.68 US 53.85
CO2 Tons per capita Finland 8.80 US 16.14
Also Finland has a similar population to Oregon - although it would be more fun to compare it against say Texas for purposes of oil production and the point being made!
The top oil producer and consumer exported 89,000 more barrels of crude oil and refined petroleum products a day than it imported in September [2019], the first full month of a positive oil trade balance since the 1940s, the Energy Information Administration said Friday. Imports exceeded exports by 12m barrels a day a decade ago."
https://www.ft.com/content/9cbba7b0-12dd-11ea-a7e6-62bf4f9e5...
This is a recent development, September 2019, and is a very small volume relative to the US population/economy. There's little to no oil surplus in the US and thus it is not a petrostate.