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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)30. No
because the demand is clearly there for the exported refined product. Which means that you leave a deficit if you take that out of the world market that'd have to be made up by increased market competition. The demand increase from developing countries, principally China, India and Brazil, more than makes up for the c. 2 million barrels a day worth of decline in US demand from peak.
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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