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To: zeestephen

Nope. My numbers were correct. Look at the last row, “Net Imports of Crude and Petroleum Products.” 2,106 thousands barrels per day. The difference between that number and the 5.1 million you’re seeing is that in addition to importing 5.1 million barrels of oil (net), we EXPORT 3.028 million barrels of oil products (net), such as gasoline.

IOW: We import a net of 5.1 million barrels of oil, but 3.028 million barrels are not for the domestic market, but for exporting refined products. We refine oil for other countries because the oil we produce is usually unnecessarily sweet, so it can be blended with other nation’s sour stuff, and, well, we’re really good at it.


26 posted on 11/08/2018 3:57:40 AM PST by dangus ("The floor of Hell is paved with the skulls of bishops" -- St. Athanasius)
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To: dangus
You missed my point.

ALL my comments have been about crude oil.

You are combining crude oil exports with the exports of natural gas liquids, ethanol, and other renewable fuels.

Almost 50% of our domestic production of petroleum liquids is exported.

As far as I know, all of our gasoline, jet fuel, and heating oil comes from crude oil - which is why I focus on crude.

As I said before, our net import of crude oil is 5.1 mbd to 5.3 mbd.

32 posted on 11/08/2018 1:55:44 PM PST by zeestephen
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