(That sounds like a communist line of thinking to me.)
It kinda does to me too, sorry. It’s a frustration with having to pay so much for what we have so much of. My economics may be poor but I’d like to see prices go down.
(We export almost no oil. What little we do export is typically to the closest refinery in Canada.)
According to wikipedia; the United States exports about 1.5 million barrels per day based on data from 2012.
First mistake, in my opinion.
the United States exports about 1.5 million barrels per day based on data from 2012.
They are likely lumping together petroleum products made from crude oil, pretending it is oil.
Reality is we import more crude oil than we need ourselves, use a refinery surplus to make higher value products and export what we do not use ourselves.
This keeps more jobs in the US, keeps more refinery capacity in the US and helps our trade balance.
Crude Oil Exports by Destination
http://www.eia.gov/dnav/pet/pet_move_expc_a_EPC0_EEX_mbblpd_m.htm
The net is what is important, we net export about 1.6 million bpd of products.
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTPNTUS2&f=M
But the crude oil net is over 7 million bpd imports.
http://www.eia.gov/dnav/pet/pet_move_neti_a_epc0_IMN_mbblpd_m.htm