To: thackney
And I was not referring to natural gas but oil portion of shale.....
52 posted on
02/16/2012 12:38:01 PM PST by
Nifster
To: Nifster
The oil portion of processing is called refining.
We have been expanding our existing refineries fir decades. We currently have significantly more refining capacity than we consume ourselves. We have become a net exporter of refined products because we refine more than we use.
Give me about an hour and I’ll provide links to the data.
53 posted on
02/16/2012 12:51:45 PM PST by
thackney
(life is fragile, handle with prayer)
To: Nifster
Our falling demand combined with our growing refining capacity and resulted in producing more refined product (gasoline, diesel, jet fuel, heating oil, etc) than we actually use. So now we are a next exportor of the balance of refined products.
Click charts for data source
54 posted on
02/16/2012 1:17:18 PM PST by
thackney
(life is fragile, handle with prayer)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson