Do libs include the quantity of oil we import for refining and ultimate exportation as part of the total to illustrate what dirty oil addicts Americans are?
In the meantime they are jacking up the price for Diesel in America and raising the price of everything shipped by train or truck.
Makes sense to me.
Yep.
As soon as we put in that stupid ULSD mandate, suddenly our #2 was fungible all over Europe and the UK.
And our prices went skyward.
Someone has to come up with a way to change the 3-2-1 or 5-3-2 crack splits. Diesel is far more useful in the world than gasoline, IMO. It stores longer, is safer to transport and is more useful in more applications.
The US has the technical and economic ability to be one of the largest producers of diesel and bio-diesel in the world. The tax revenues would do a great deal to offset the Obama spending campaign.