Results 1 to 3 of 3

Thread: Uproar over Saudi aid to Egypt highlights US oil dependence

  1. #1
    Tony Fracasso - Admin
    Join Date
    May 2003
    Location
    Buffalo, New York, United States
    Posts
    64,236

    Uproar over Saudi aid to Egypt highlights US oil dependence

    Uproar over Saudi aid to Egypt highlights US oil dependence

    http://video.foxnews.com/v/261912017...il-dependence/

    I agree with Ron Paul....

  2. #2
    Member FMD's Avatar
    Join Date
    Mar 2007
    Posts
    5,737
    i didnt click the link... but since 2011 the US has exported more oil than it imported... we dont use imported oil for domestic use.
    Willful ignorance is the downfall of every major empire in history.

    "Political power grows out of the barrel of a gun." - Mao, 1938

  3. #3
    Member yokes's Avatar
    Join Date
    Dec 2003
    Posts
    2,548
    Quote Originally Posted by FMD View Post
    i didnt click the link... but since 2011 the US has exported more oil than it imported... we dont use imported oil for domestic use.
    in 2011 we became net exporters of finished refined goods. Gasoline, heating oil, etc. because our refining capacity is higher than many other areas
    http://www.bloomberg.com/news/2012-0...r-in-2011.html

    We continue to be net importers of crude oil.
    http://www.eia.gov/dnav/pet/hist/Lea...s=wttntus2&f=4

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •