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To: Ben Ficklin

Since we import far more crude oil than we export refined products, I would say we are importing extra to refine and sell the higher priced products.

We are far from a net exporter, but we do use the little surplus refining capacity that we have. It keeps more jobs in the US and helps the trade balance.


18 posted on 04/21/2014 11:59:41 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
It was a fairly detailed article. But you had to get down to the bottom before they talked about exporting oil or condensates.
21 posted on 04/21/2014 12:15:55 PM PDT by Ben Ficklin
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