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In reply to the discussion: Would reducing US fuel exports stop gas prices from spiking? [View all]Spider Jerusalem
(21,786 posts)28. The answer to that is very simple:
other countries will compete on the world market for other resources to meet their domestic demand which those exports of refined product are currently supplying. China or Brazil or whoever aren't going to stop using gasoline and diesel just because the US stops exporting it; they're going to look elsewhere. And that means increased market competition and higher overall prices for oil, because you've just taken close to 2 million barrels a day of gasoline and diesel out of the global market by not exporting.
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What? We export NO CRUDE. Lets go to the site you linked to and compare Imports vs Exports.
napoleon_in_rags
Feb 2012
#37
Emptying the strategic reserves may be a good idea -- it takes attacking Iran off the table
FarCenter
Feb 2012
#15
Unless Iran successfully tests an atomic bomb and threatens to use it, we won't attack them anyway
DFW
Feb 2012
#36
Add 117,000,000 gallons of gasoline, diesel, and jet fuel to the US market EVERY DAY...
cherokeeprogressive
Feb 2012
#22
Do you believe that increased cost for gasoline, diesel, and Jet A is a good thing
cherokeeprogressive
Feb 2012
#31