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To: familyop

Last week the web site of the Energy Information Administration (EIA) carried a story about the United States becoming a new oil exporter for the first time in weekly data back to 1991. This doesn’t mean that we stopped importing crude oil and petroleum products because we were self-sufficient, but rather that our exports exceeded our imports. According to the EIA, for the week of November 24-30, the U.S. exported 3.2 million barrels per day (b/d) of crude oil, along with 5.8 million b/d of refined petroleum products, such as gasoline, heating oil and propane. The total of 9.0 million b/d of petroleum exports exceeded our total imports of 7.2 million b/d of crude oil and 1.6 million b/d of refined petroleum products by 200,000 b/d.
http://energy-musings.com/node/460#3

But, it is all due to the oil price.


71 posted on 12/28/2018 6:20:04 AM PST by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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To: familyop; patriotfury; Kaslin; gandalftb

Deputy head of the State Duma, Oleg Nilov, equates U.S. withdrawal from Syria with the battle of Stalingrad, says Americans are “capitulating.” Now, Nilov says, Russia will reap its dividends in oil — from Syria, Iran, Venezuela.

https://www.youtube.com/watch?v=zx2e2kuMi-M


72 posted on 12/29/2018 12:54:56 AM PST by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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