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U.S. Crude Oil Exports Are Soaring To Record Highs
Oil price ^
| Nov 08, 2023
| Tsvetana Paraskova -
Posted on 11/09/2023 5:34:32 AM PST by george76
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1
posted on
11/09/2023 5:34:32 AM PST
by
george76
To: george76
So how come gas is still $3 - 5 / Gallon?
2
posted on
11/09/2023 5:37:22 AM PST
by
sauropod
(The obedient always think of themselves as virtuous rather than cowardly.)
To: sauropod
What’s the price in China?
3
posted on
11/09/2023 5:39:15 AM PST
by
1of10
(be vigilant , be strong, be safe, be 1 of 10 .)
To: sauropod
Foreign buyers are driving up the price of the crude oil.
4
posted on
11/09/2023 5:40:16 AM PST
by
Alberta's Child
(If something in government doesn’t make sense, you can be sure it makes dollars.)
To: 1of10
About 9 renminbi right now.
5
posted on
11/09/2023 5:41:18 AM PST
by
sauropod
(The obedient always think of themselves as virtuous rather than cowardly.)
To: sauropod
Federal government money printing make the dollar worth less, so food, everything costs more ..
6
posted on
11/09/2023 5:41:34 AM PST
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
Despite the record exports, the United States remained a net crude oil importer in the first half of the year, ... even with increasing domestic production, importing 8.836 million bpd in June—nearly half of which came from Canada. Refineries in the United States are geared to process heavy, sour crude oil, while most of the oil produced in the United States is light, sweet crude.Think of refinery capacity as a supply chain bottleneck which increases the cost of gasoline and other refined products. It’s not going to be fixed until long term energy policy definitely includes petroleum and we get rid of the regulatory monkey that makes it nearly impossible to build new refineries or any large project for that matter.
To: sauropod
So how come gas is still $3 - 5 / Gallon? It's all about going green! C'mon man.
8
posted on
11/09/2023 5:42:48 AM PST
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: george76
9
posted on
11/09/2023 5:42:50 AM PST
by
sauropod
(The obedient always think of themselves as virtuous rather than cowardly.)
To: sauropod
Blame republicans for this one…. Used to be law that only excess oil could be exported and since we use more than we produce there never was any. Then they, at the behest of their globalist masters changed the law allowing for oil exports.
So enjoy folks…
To: unixfox
11
posted on
11/09/2023 5:43:22 AM PST
by
sauropod
(The obedient always think of themselves as virtuous rather than cowardly.)
To: sauropod
Oil is fungible. The “exports” are just a way to move oil around the world in the most economical means, hence our overall being a net importer of oil.
12
posted on
11/09/2023 5:47:08 AM PST
by
kabar
To: george76
“With record-high U.S. crude production, more light sweet crude makes its way overseas.”
It’s a fungible commodity.
To: sauropod
About 9 renminbi...about 65$ ?
could that be right or am I still in a morning fog ..?
ooooo wait more like a buck and a 1/4 ... I think ...
I think I need an other pot of coffee
14
posted on
11/09/2023 5:54:22 AM PST
by
1of10
(be vigilant , be strong, be safe, be 1 of 10 .)
To: george76
Oil for thee but not for me! “America Last”, the SLO Joe admin slogan!
WWG1WGA!
15
posted on
11/09/2023 5:56:37 AM PST
by
Billyv
( Ephesians 6:11 for we battle not against flesh and blood...Pray for our leaders and nation )
To: sauropod
“So how come gas is still $3 - 5 / Gallon?”
Because they are opportunists.
16
posted on
11/09/2023 6:01:10 AM PST
by
Openurmind
(The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
To: sauropod
“So how come gas is still $3 - 5 / Gallon?”
Because you do not live in Texas or Louisiana.
To: sauropod
About a buck and a quarter.
18
posted on
11/09/2023 6:17:48 AM PST
by
Bloody Sam Roberts
(The Truth is like a lion. You don't need to defend it. Let it loose and it will defend itself.)
To: 1of10
Don’t recall if it is per gallon or per liter.
19
posted on
11/09/2023 6:24:00 AM PST
by
sauropod
(The obedient always think of themselves as virtuous rather than cowardly.)
To: HamiltonJay
No offense, but posts like that really undermine the credibility of conservatives and this website.
WEDNESDAY ON FR ... "We have a massive trade deficit with every country in the world. We should promote U.S. industries and impose tariffs on imports!"
THURSDAY ON FR ... "Oil prices are too high. Why the hell are we exporting any of it? Blame Republicans for allowing the export of U.S. crude oil!"
20
posted on
11/09/2023 6:45:00 AM PST
by
Alberta's Child
(If something in government doesn’t make sense, you can be sure it makes dollars.)
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