US oil..............exports ???

Discussion in 'General Discussion' started by Douger, Sep 4, 2011.

  1. Douger
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  2. Mr. H.
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    "...the U.S. exports more oil than it imports, according to the U.S. Energy Information Administration - and has done so for nearly two decades."

    Curious that the article doesn't back this up with a reference.
    Maybe Mr. Douger can find us one?
     
  3. Douger
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    • Thank You! Thank You! x 1
  4. uscitizen
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    uscitizen Senior Member

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    So the drill baby drill crowd's collective heads will explode now?
     
  5. Douger
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  6. Douger
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  7. Douger
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    Sorry. I couldn't find anything on Fox " news" so you probably wont believe it.
     
  8. Mr. H.
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    LOL. I'll check 'em out. Thanks, D.
     
  9. RadiomanATL
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    Look in to the reasons why we export.

    Start with quality and location.
     
  10. Sunshine
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    Sunshine Trust the pie. Supporting Member

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    My understanding is that the US has tremendous oil reserves, but not much of it gets pumped out of the ground due to prices being so low for domestic oil. The plan, I believe is to buy up oil in other countries until it is all gone. Think about how it will be when WE are the only ones who have oil to sell! I was told once that we even replaced the crude in a well that had been used. That was several years ago, so I don't have a link for it.

    I believe there is a plan, and that is for the US to dominate the crude oil markets in the future. To do that we have to use as much imported oil as we can and when that is gone, use and sell our own.
     

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