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To: chiller

Are you nuts?

Yes, Alaska exports a lot of oil to Japan and to China.

Sometimes we even export to Mexico.

But the USA is a net importer of Oil. 50% of our oil as of last month was imported. And the prices are not determined domestically.


46 posted on 12/14/2013 4:45:48 PM PST by Reaganez
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To: Reaganez

The US has been a net exporter for all of 2013 added up.


48 posted on 12/14/2013 4:48:55 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Reaganez
The southern leg of the Keystone has begun to flow, so that's 100% domestic as the Canada leg isn't complete.

Oil shale...or haven't you heard.

50 posted on 12/14/2013 4:50:38 PM PST by chiller (NBCNews et al is in the tank and should be embarrassed)
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To: Reaganez

” But the USA is a net importer of Oil. 50% of our oil as of last month was imported”

Wrong again. If you are referring to heavy sour crude,yes, we do import. Light sweet crude is backed up in Gulf Coast refineries and is all domestically produced


78 posted on 12/14/2013 5:28:03 PM PST by Figment
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