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Up2Late

(17,797 posts)
Fri Oct 5, 2012, 10:28 PM Oct 2012

Question: Why have Weekly U.S. EXPORTS of Crude Oil doubled since December 2008? [View all]

Question: Why have Weekly U.S. EXPORTS of Crude Oil doubled since December 2008? And who would it hurt more if the "news" media actually reported this? Could this be contributing to why gasoline priced have stayed so high over the last 3-1/2 years?

Also, could this be another bit of evidence that U.S. Oil Company CEOs, and/or Republican law makers in a position to do such a thing, are deliberately manipulating U.S. Crude Oil Exports to keep the price, per barrel, artificially high in order to hurt President Obama?

Or would the right-wing, Anti-Obama media immediately point to this as "evidence" that the Obama Administration is doing this to keep the price of crude oil and gasoline high in order to push it's "green agenda?" (something I would not want to see happen this close to the election)

I ask because I was just so sick of hearing Romney lie that he will make the U.S. "Energy Independent" if he were elected and was curious to see how much U.S. produced Crude Oil is still being EXPORTED from the U.S., a subject I investigated and watched for several years while GWB was in the White House. I was shocked to find that the amount of U.S. Crude Oil Exports has about DOUBLED since December 26, 2008!!!

Don't believe me? Look at the numbers yourself at the U.S. Energy Information Administration at this link:

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WTTEXUS2&f=W

I say this a Romney bold faced lie because, to actually make the U.S. "Energy Independent" I think the U.S. Government would have to Nationalized ALL production of Crude Oil in the United States (i.e., no more private or shareholder controlled U.S. Oil companies) in order to keep U.S. Crude Oil producers from selling U.S. produced Crude Oil on the world crude oil market to anyone outside the U.S.(a.k.a. exporting oil), something "Free Market" Republicans would NEVER go for and would never allow Romney to do.

Btw, if we are EXPORTING almost 3000x1000 barrels per day, like we did during the week ending June 29, 2012, that's about 3 million barrels, per day, that the U.S. is EXPORTING!!!! WTF!?! (the actual number was 2935 x 1000 = 2,935,000 barrels per day)

Anyway, several questions and hypothetical questions here, Discuss.

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I'd like to know the answer as well. NCarolinawoman Oct 2012 #1
Same will happen with the canadian oil pipeline oil.We are also importing less oil. julian09 Oct 2012 #2
I heard today that a fire DID just happen in a California refinery! Up2Late Oct 2012 #6
They aren't very specific about seriousness of mishaps or fire, seems odd. julian09 Oct 2012 #7
Theory RobertEarl Oct 2012 #3
This from the Wall Street Journal today re: natural gas - DURHAM D Oct 2012 #4
Yeah, I knew something like this was bound to happen with the natural gas.... Up2Late Oct 2012 #5
Too bad they can't find way to export sun or wind. julian09 Oct 2012 #8
Cutting oil exports drives up food prices in exchange for cheaper oil. Zalatix Oct 2012 #9
They haven't cut oil exports at all, they are exporting a LOT more now! Up2Late Oct 2012 #10
Let me rephrase... ATTEMPTING to cut exports with the intent to lower prices Zalatix Oct 2012 #20
Nothing will convince me otherwise. LiberalAndProud Oct 2012 #11
Good article on this. Tennessee Gal Oct 2012 #12
Thanks, a lot of good info there! Up2Late Oct 2012 #16
The answer to that is that they haven't Spider Jerusalem Oct 2012 #13
OK, I see now, most of the exports are finished petroleum products. Up2Late Oct 2012 #15
The problem is that most of those exports are from oil that was *imported* in the first place Spider Jerusalem Oct 2012 #18
Double post, deleted Spider Jerusalem Oct 2012 #13
The USA is one of those countries B Calm Oct 2012 #17
Remember the Alaskan Pipeline in the 70’s and how it was going to SAVE America coldwaterintheface Oct 2012 #19
Now that I know why this is happening, it still seems wrong to me Up2Late Oct 2012 #21
No, they aren't Spider Jerusalem Oct 2012 #22
US auto exports have increased by 60% from 2009 to 2011 and on pace to pampango Oct 2012 #23
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