They have as much allegiance to the U.S. as does Obama.
I read somewhere that America is now producing more crude than we have the ability to efficiently refine. We haven’t built new refineries a few decades now.
I don’t know if that factors into the equation or not. But if true, it would seem logical to assume that having the resource without being able to bring it to market does not affect the demand as much as we need to bring down the price.
We ought to boycott the basta$ds.Let them drink the gasoline.
Caliph Baraq is pleased.
The goal of progressives is to get us out of those d@mn personal cars and into easily manipulated mass transit.
Less driving >>> Gaia smiles.....
We have done dumber things but that list is kinda short.
How about we sell what we need HERE cheap, then ship the rest and let the other countries figure out how to drill and refine on THEIR own dime?
.
But not a peep from the public. Why? The media hasn’t told them that they should be upset about this.
The American public deserves every bit of what is coming.
I have no problem with selling refined products to Mexico, as long as they are replenished by cheap Mexican Crude.
The Free Republic Free Trade Army will tell you this is a good thing. You should be happy that you participate in a gloBULL market, now shut up and buy a Prius and oh yeah, sell your boat.
I detest regulations. But in this case oil products coming from American soil need to sold within the nation, surplus sold outside. I suspect American producers are owned by foreign interests and need to be reigned in.
How about adding a hefty tariff against all oil products sold outside this nation? The money earned should then be earmarked to debt reduction. No earmarks.
While Southern California (San Diego) drivers are hard pressed to find gas under $4.09/gallon.
As more Americans are unemployed, fewer need as much fuel. Foreign governments are willing to buy products refined from oil for their strategic reserves and manufacturing economies. When our default process is further along, we won’t need much fuel at all.
Gas prices near $4 in the middle of nowhere on the (CO) Rockies and ready to go up in the summer along with fire bans, new gun control, clouds of pot smoke, incidents, revenue trapping traffic detours, etc.
All those poor liberals who have jobs and want to go home on vacation. What are they gonna’ do? /s
We’re seeing some disturbing and un-conservative comments. My previous comments disagreed with implications in many contemporary publications on energy consumption and production, but tariffs and controls against exports are bad ideas except for some kind of war emergency. We should not try to hinder our energy producers from selling their products. Those are needed exports.
Without those exports, the debt game will collapse sooner. Most Americans with good incomes are only continuing to receive those incomes through exports and the consequently reduced balance of payments deficits. We must trade something out to Charlie for all of his nice toys and the money to buy them (treasuries, etc.). If not, then Ronny the regulator and Tammie the teacher will be out of work much sooner (bond problems, skyrocketing interest rates, general decline in activity, avalanche of foreclosures, extreme declines in property tax revenues, defaults on debts,...the vicious cycle).
One answer is to deregulate on local levels to allow for more manufacturing production from small shops across America without the commuting paradigm that we’ve seen. Services in a sane economy follow production on our own soil instead of leading it (debt economy in decline). If we don’t export products made here, we’re not really paying the foreign debts. Charlie is sending us products and the money to buy them with. He won’t be fooled forever.
So the tradeoff: energy exports to keep the debt game going longer (no choice this late in the game) and a little austerity in some locales in regards to tourism revenues (fuel prices, etc.). Those locales could have second thoughts about their local anti-manufacturing zoning laws instead of only sponging from tourists and unwary newcomers (regulations like big cities).