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To: M-cubed

Oil Refineries In Columbia, But Not The U.S.
Submitted by Kevin Wright on April 19, 2011 - 9:46am

Yesterday, Terence P. Jeffrey of CNS News reported the Presidentially-appointed board of directors of the U.S. Export-Import Bank, an agency of the federal government, authorized financing for a $2.84 billion expansion and upgrade of an oil refinery in Cartagena, Columbia. Does it strike you at all as odd that while this agency is providing financing to a foreign country to refine oil, our own country’s ability to refine oil is on the decline?

Consider this:

“There hasn’t been a new refinery built in the U.S. since 1976. . .” (John W. Schoen, “U.S. Refiners Stretch To Meet Demand,” MSNBC, 11/22/04)

“There are 148 operating refineries in the United States, down from 324 in 1981.” (Eleanor Stables, “H.R. 3893: Gasoline For America’s Security Act Of 2005,” CQ BillAnalysis, 10/8/05)

“Refined petroleum product imports are currently projected to grow from 7.9 percent to 10.7 percent of total refined product by 2025 to satisfy increasing demand.” (Eleanor Stables, “H.R. 3893: Gasoline For America’s Security Act Of 2005,” CQ BillAnalysis, 10/8/05)

http://www.thinkfy.com/content/oil-refineries-columbia-not-us


20 posted on 05/07/2011 9:02:45 AM PDT by KeyLargo
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To: KeyLargo
Consider this: <<

I have....and my only conclusion is:

If I were trying to collapse or control a country my best bet would be to control their energy supply...
Pretty damned simple I think..

21 posted on 05/07/2011 9:10:10 AM PDT by M-cubed
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