If oil supply has nothing to with the price, then why?????

[CrusaderFrank]

What's happening: Short term- War fears about Iran, speculators (thanks Pubs)- Long term: China, India, Brazil etc...

Speculators? LOL

Is Bush still president?

How come you left out "Halliburton"?

Moron

 

[JRK]

What's happening: Short term- War fears about Iran, speculators (thanks Pubs)- Long term: China, India, Brazil etc...

What does the pubs have to do with any of this?
the dems had congress from 07 til 11
they have the senate now and the white hous as well

Pubs?

 

[NYcarbineer]

What's happening: Short term- War fears about Iran, speculators (thanks Pubs)- Long term: China, India, Brazil etc...

What does the pubs have to do with any of this?
the dems had congress from 07 til 11
they have the senate now and the white hous as well

Pubs?

Jesus Christ on a bicycle you're an idiot.

 

[NYcarbineer]

You might want to check into why before throwing stones. When we Export Refined Product, does the Government not benefit?

Does he know what product was exported?
Does he have any idea if the permits are in locales that have oil?
Does he know how they will delivar the product at those locales?

Oil is used for 1000s of items other than fuel, and only a certain type can be used as fuel

In a first, gas and other fuels are top US export - Yahoo! News

For the first time, the top export of the United States, the world's biggest gas guzzler, is — wait for it — fuel.

Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. It will also be the first year in more than 60 that America has been a net exporter of these fuels.

— The volume of fuel exports is rising. The U.S. is using less fuel because of a weak economy and more efficient cars and trucks. That allows refiners to sell more fuel to rapidly growing economies in Latin America, for example. In 2011, U.S. refiners exported 117 million gallons per day of gasoline, diesel, jet fuel and other petroleum products, up from 40 million gallons per day a decade earlier.

There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home.

Gasoline supplies are being exported to the highest bidder, says Tom Kloza, chief oil analyst at Oil Price Information Service. "It's a world market," he says.




Get it? Or do you need it said more slowly, in bigger font?

bumping, every time some RW idiot says something idiotic in this thread.