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To: xzins

The Middle East is not our main vendor. Canada is. With Mexico in third. Obama has screwed up the relationship with Canada so badly that they are now considering selling oil to us at the same price the Chinese purchase at.

Oil/gas is high because:
1. speculation
2. low domestic production
3. no new refineries/pipelines
4. seasonal changes (winter to summer/summer-winter gas)
5. Taxes: federal, state, local
6. rent of station facilites
(not all stations own the property)


42 posted on 04/10/2012 1:59:40 PM PDT by oneamericanvoice (Support freedom! Support the troops! Surrender is not an option!)
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To: oneamericanvoice

Since it’s a world oil market, it doesn’t matter who our main vendors are in terms of that market price. The sheiks of just the arab league still put out about 30% of the world’s oil production. Canada is at about 4%


45 posted on 04/10/2012 3:11:14 PM PDT by xzins (Retired Army Chaplain and Proud of It! Pray Continued Victory for our Troops Still in Afghan!)
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