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To: central_va

Exporting expensive light sweet oil and importing cheaper heavy sour, that our refineries are already optimized to use, keeps prices lower in the US.


49 posted on 01/27/2016 9:48:35 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney
It would be better IN THE LONG RUN to increase our refining capacity for all weights of crude oil. The export ban is stopping the long term solution.

Oil companies are really stupid. Now the low cost of crude makes people look away when they hear the US is exporting oil. (when not if)It goes back up to $100/bbl and the American people hear the the US is exporting oil it will be pitch fork and taorch time.

51 posted on 01/27/2016 9:57:31 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: thackney

All things being equal, permitting that exchange is fine. Just lifting the ban on exports without that particular case being the specific exchange permitted doesn’t make sense as it works against energy independence.


52 posted on 01/27/2016 9:58:45 AM PST by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory.)
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