We still import import 7 million barrels a day of crude oil from other countries. So you want our domestic producers to sell for less than we pay for imports?
I clearly stated liquid fuels...Why do you keep accusing me of something I never said?
I misunderstood. Thanks for the correction.
Most of our exports are not gasoline, ~10%. We actually import more gasoline than we export. We are a net gasoline importer. Just of function of location of refineries and demand.
http://www.eia.gov/dnav/pet/pet_move_exp_dc_NUS-Z00_mbblpd_m.htm
http://www.eia.gov/dnav/pet/pet_move_wkly_a_epm0_IM0_mbblpd_4.htm
Refining crude oil produces a lot more than gasoline. Much of what we export is refinery “leftovers” like Petroleum Coke and Residual Oil. But it all gets counted in refined products.