Gasoline is a "top export" in dollar value. The only reason the USA exports the amount of gasoline it does? US consumption has declined by 3-4 million barrels a day from peak. Domestic production has increased. The USA has refining capacity that Canada and Mexico don't. That "exported" gasoline comes from oil that was imported in the first place and only processed in the US.

NoOneMan

(4,795 posts)

5. Where are complicate financial instruments and bullshit ranking these days?

Reply to SHRED (Original post)

Thu Jan 17, 2013, 11:09 PM

Jan 2013

msongs

(74,199 posts)

7. so why do welfare oil companies not lower their gas prices in the US if there's so much? nt

Reply to SHRED (Original post)

Thu Jan 17, 2013, 11:53 PM

Jan 2013

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