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Re: So, it's not about the oil

By: lkorrow in CONSTITUTION | Recommend this post (0)
Sat, 22 Oct 11 6:34 AM | 94 view(s)
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Msg. 15855 of 21975
(This msg. is a reply to 15854 by DueDillinger)

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Thx. Downright depressing.




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The above is a reply to the following message:
Re: So, it's not about the oil
By: DueDillinger
in CONSTITUTION
Sat, 22 Oct 11 6:09 AM
Msg. 15854 of 21975

Ya want charts?
We have lots of charts.

Here's a good 'un.

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The United States Also Exports Oil

Because the United States is the world’s largest oil importer, it may seem surprising that it also exports about 2 million barrels a day of oil, almost all of it in the form of refined petroleum products. Due to various logistical, regulatory, and quality considerations, it turns out that exporting some barrels and replacing them with additional imports is the most economic way to meet the market’s needs. For example, refiners in the U.S. Gulf Coast region frequently find that it makes economic sense to export some of their gasoline to Mexico rather than shipping the product to the U.S. East Coast because lower-cost gasoline imports are available from Europe.

http://www.eia.gov/energyexplained/index.cfm?page=oil_imports

Want more? Visit the motherload of data on the US energy industry:

http://www.eia.gov/

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