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Re: Fuel Number 1 Export In U.S. Since 1949 

By: RalphOmega in CONSTITUTION | Recommend this post (1)
Sat, 31 Dec 11 7:50 PM | 50 view(s)
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Msg. 16691 of 21975
(This msg. is a reply to 16690 by capt_nemo)

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I call BULLSHIT on this one, nemo--a statistical circle-jerk.

The story should be the decline of OTHER export categories and the 4-fold rise in the price of oil...actually a decline in the value of the dollar rather than an increase in the value of the commodity.

The decline in oil imports touted as a rise in oil exports is due to a decline in demand (ahem) fueled by the impairment of the economy.

The article is complete and utter BS--lipstick on the pig.




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The above is a reply to the following message:
Fuel Number 1 Export In U.S. Since 1949
By: capt_nemo
in CONSTITUTION
Sat, 31 Dec 11 7:43 PM
Msg. 16690 of 21975

LOL Go figure,,,

For the first time in nearly 60 years, the U.S. is a net exporter of fuel. If you measure it in dollars, the U.S. is set to ship more gas, diesel and jet fuel than any other export. This is a big shift for the nation as just a decade ago, fuel wasn’t in the top 25 of exports. And the last five years, aircraft have been the top export.

Having fuel as a top export is a major shift for the nation as we have relied heavily on imports from Europe in the past to meet demand. This should also curb sentiment that U.S. refineries are not growing fast enough for domestic demand.

Now this doesn’t mean the U.S. is energy independent, we are far from it. We

http://beforeitsnews.com/story/1569/295/Fuel_Number_1_Export_In_U.S._Since_1949.html


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