Top US ping.
I suspect that US fuel producers find it more profitable to sell their product overseas because of EPA regulations.
If recent unemployment figures are going down slightly, you can bet it is connected to the growth of the domestic oil and gas industry. Not only does Zero have nothing to do with this, his executive branch is doing everything it can to stop it.
Maybe we should try to join OPEC? /sarcasm
Not only are we selling gas to other countries, we are selling our oil fields to the Chinese, according to a book called “Bowing to Beijing”.
So US refiners are selling more product overseas. Wouldn’t it make sense to build the Keystone pipeline and give them even more raw material? Oh, wait, never mind...
This is a no brainer. Regulations have killed manufacturing to such an extent that energy is no longer needed here.Same is being done with the auto industry. Solution is to remove regulations so manufacturing can once again thrive.
This is a no brainer. Regulations have killed manufacturing to such an extent that energy is no longer needed here.Same is being done with the auto industry. Solution is to remove regulations so manufacturing can once again thrive.
I guess I’m uninformed, but why in tarnation’s name are we EXPORTING petroleum-based and natural gas fuels when the prices for such commodities are so high _right here_, when we are told all the time that fossil fuels are a declining resource?
Seems to me that the best way to get fuel prices downward would be to “embargo” domestically-produced energy to sales within the borders of the United States (I would make an exception for coal, which there is plenty of). Also seems to me that by withholding a certain percentage of domestic production from the American markets, this is creating an “artificial shortage” within such markets (that would otherwise not exist if 100% of domestic production had to be sold in our markets) — and that keeps prices up.
Energy companies should be free to import what products they need to satisfy the domestic markets, AFTER -ALL- domestically-produced energy products had been put to market right here. And after our “internal markets” have set prices at a domestic level.
Would such a policy be “anti-free market” in the strict sense? Yes, of course - with the unapologetic assertion from me that “American energy needs be met first”. Worry about the rest of the “world markets” later.
In a time of rising energy prices, this simply doesn’t make economic sense for America over the long-term....