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Soflasnapper
12-23-2011, 12:56 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> U.S. exports of gasoline, diesel and other oil-based fuels are soaring, putting the nation on track to be a net exporter of petroleum products in 2011 for the first time in 62 years.

A combination of booming demand from emerging markets and faltering domestic activity means the U.S. is exporting more fuel than it imports, upending the historical norm.

U.S. exports of gasoline, diesel and other oil-based fuels are soaring, putting the nation on track to be a net exporter of petroleum products in 2011 for the first time in 62 years, Liam Pleven reports on Markets Hub.

According to data released by the U.S. Energy Information Administration on Tuesday, the U.S. sent abroad 753.4 million barrels of everything from gasoline to jet fuel in the first nine months of this year, while it imported 689.4 million barrels.

That the U.S. is shipping out more fuel than it brings in is significant because the nation has for decades been a voracious energy consumer. It took in huge quantities of not only crude oil from the Middle East but also refined fuels from Europe, Latin America and elsewhere to help run its factories and cars.

As recently as 2005, the U.S. imported nearly 900 million barrels more of petroleum products than it exported. Since then the deficit has been steadily shrinking until finally disappearing last fall, and analysts say the country will not lose its "net exporter" tag anytime soon.

"It looks like a trend that could stay in place for the rest of the decade," said Dave Ernsberger, global director of oil at Platts, which tracks energy markets. "The conventional wisdom is that U.S. is this giant black hole sucking in energy from around the world. This changes that dynamic."</div></div>

From that crazy conspiracy theory site, (http://online.wsj.com/article/SB10001424052970203441704577068670488306242.html) the Wall Street Journal.

LWW
12-27-2011, 02:38 PM
This is a good thing that should be kept going.

Oddly ... I'm wondering why the left isn't heaping shame on Obama for this?

After all, the US left went into apoplectic fits when Cheney put os a road that would lead to this.

cushioncrawler
12-27-2011, 02:47 PM
How iznt the usofa a giant black hole???
How iznt the usofa sucking in energy?????
mac.

Soflasnapper
12-27-2011, 07:07 PM
This is a good thing that should be kept going.

I'm just surprised it is even possible in the first place. If it is so, and I guess it is, then that means we are already energy sufficient within our borders, and no more along these lines needs to be done, actually, other than keeping up with population growth induced increased energy needs.

Except, of course, to stop exporting our domestic fuels. Now that's a problem, which the industry doesn't favor, I presume.

Oddly ... I'm wondering why the left isn't heaping shame on Obama for this?

Oddly, why isn't the right lauding plaudits onto Obama, and shaming into silence such retarded pundits as Michele Bachmann or before her, the Palin lady, who claim Obama has been ruining domestic production for leftie idealistic reasons?

After all, the US left went into apoplectic fits when Cheney put os a road that would lead to this.

Cheney's vision was the opposite of this, that we had no choice but to go steal the oil out of Iraq. We got basically no oil from Iraq, have been frozen out of contracts for developing, refining, etc., that oil, and in the meantime the cost of oil skyrocketed from the effects of our warmongering and warmaking in the region, and our temporarily decreasing the amount of oil shipped out of Iraq.

So, apparently, we didn't have to do that at all, and have achieved essentially energy independence, just focusing domestically, and even without opening ANWR???

No, this puts the lie to the right's posturing on this issue, fairly definitively. Don't you agree?

LWW
12-28-2011, 03:34 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">This is a good thing that should be kept going.

I'm just surprised it is even possible in the first place. If it is so, and I guess it is, then that means we are already energy sufficient within our borders, and no more along these lines needs to be done, actually, other than keeping up with population growth induced increased energy needs.</div></div>

You poor thing.

You don't even realize that the US exports much of it's oil because the Goremons insist that it isn't as clean burning as good old terrorist oil ... and we aren't energy independent because the Goremons have prohibited us from building new refineries.

This results in much of our oil being exported simply to then again be imported.

LWW
12-28-2011, 03:37 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">Cheney's vision was the opposite of this, that we had no choice but to go steal the oil out of Iraq. We got basically no oil from Iraq, have been frozen out of contracts for developing, refining, etc., that oil, and in the meantime the cost of oil skyrocketed from the effects of our warmongering and warmaking in the region, and our temporarily decreasing the amount of oil shipped out of Iraq.</div></div>

And here we have the leftist position in a nutshell:

1 - Bush/Cheney were wrong because they stole the Iraqi oil ... when the agenda requires this "TRUTH" to be believed.

2 - Bush/Cheney were wrong because they didn't stole the Iraqi oil ... when the agenda requires this "TRUTH" to be believed.