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In reply to the discussion: **** unOfficial Debate Thread #4 ***** [View all]TexasBushwhacker
(20,174 posts)28. We started exporting more fossil fuels than importing during the Obama administration
We will ALWAYS have to import some oil because different grades of oil have to be blended.
BTW, the oil industry is NOT doing well because the cost of a barrel of oil is so low right now because of decreased demand during COVID-19. We've actually run out of storage capacity.
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We started exporting more fossil fuels than importing during the Obama administration
TexasBushwhacker
Oct 2020
#28
Big tanker (Exxon Valdez size) breaking up in Carribean was being used for storage. . . . nt
Bernardo de La Paz
Oct 2020
#43
There are traders who bought options that had to unload them at a huge loss
TexasBushwhacker
Oct 2020
#52