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Spider Jerusalem

(21,786 posts)

15. Well, no, part of the problem is that the US is a net oil importer

Reply to Ilsa (Reply #14)

Thu Feb 23, 2012, 07:03 PM

Feb 2012

US crude oil production: around 5.5-6 million barrels a day; consumption, 17-18 million barrels a day; imports, 11 million barrels a day. Do the math there. The US hasn't been a net exporter of oil in quite some time and hasn't produced enough to meet domestic demand since the 1960's.

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Dear America, Gas Prices Are Going to Rise No Matter Who Is President of the U.S. [View all] Yavin4 Feb 2012 OP

Besides a Republican president wouldn't dare interfere with the 'free marker'. sinkingfeeling Feb 2012 #1

Not True RobertEarl Feb 2012 #2

Yep. Speculation and Big Oil making money off EXPORTS of US refined oil KeepItReal Feb 2012 #4

But Newty promised 2 dollar gas and rainbow pooping unicorns for all americans workinclasszero Feb 2012 #3

Martin Bashir just said the only thing Newt is good at taking down are his own underpants aint_no_life_nowhere Feb 2012 #6

Blammo! hifiguy Feb 2012 #16

LOLZ thats a fact, eh? :D /nt workinclasszero Feb 2012 #18

gasoline /fuel products are our number one export madrchsod Feb 2012 #5

Yep, it's my understanding that's the problem -- speculation -- NOT a shortage of oil. nt gateley Feb 2012 #8

Blaming Obama for gas prices is like blaming the MLB commissioner when your team loses. Initech Feb 2012 #7

I always blame Selig, he's a hack and has made terrible moves as commissioner, but I digress. /nt Drale Feb 2012 #10

Amen. JDPriestly Feb 2012 #9

Anyone that thinks libtodeath Feb 2012 #11

Completely bogus. girl gone mad Feb 2012 #12

K&R. Jesus, people, quit thinking short-term. Ron Green Feb 2012 #13

I was explaining some of this to someone today. Ilsa Feb 2012 #14

Well, no, part of the problem is that the US is a net oil importer Spider Jerusalem Feb 2012 #15

fracking A spanone Feb 2012 #17