Why in the name of everything that’s inflammable should the United States have to import gasoline?
You’ll have to ask Mr. Pickens about that but I’m pretty sure he was talking about the imported oil to make gasoline if you read the next sentence.
Actually we were getting a good price on imported gasoline from Europe. They’ve gone to such a large diesel population in their fleet mix that their refineries make too much gasoline.
Why in the name of everything thats inflammable should the United States have to import gasoline?
. . . .
Because we don’t make enough of it ourselves. We are close, but you can only move the ratios of gasoline, diesel etc from a barrel of crude a limited amount.
We make more diesel than we use and we make less gasoline. So we are a net exporter of diesel and a net importer of gasoline.
Also, we still import about 7 million barrels a day of oil to keep up with our refineries.