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Author Topic: Huge build up in oil supply Back to Topics
Realakman

Sophomore Author
Alaska

Posts:159
Points:120,440
Joined:Apr 2013
Message Posted: May 2, 2013 4:39:07 AM

The truth is out there, we are selling more fuel to other countries than we use............ Find it out, Government intervention is robbing us!
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brerrabbitTX
Champion Author Houston

Posts:1,318
Points:23,205
Joined:Mar 2011
Message Posted: May 15, 2013 3:58:47 PM

So if they don't export it what should they do with it? Put it in tanks for a rainy day? If they stopped selling it outside of the US then one of two things happen, they either don't have enough when demand peaks, or they start charging more for the product because they have to store it by building more tanks to hold it.

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PithyOpiner
Champion Author Stockton

Posts:18,092
Points:1,932,900
Joined:Jun 2008
Message Posted: May 15, 2013 1:15:08 PM

Sell it all off. Our president needs dough. He is broke and his party is champing at the bit to give out free stuff.
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wbacon
Champion Author Philadelphia

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Joined:Jun 2004
Message Posted: May 13, 2013 5:54:23 PM

good news
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Hemond
Champion Author Providence

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Joined:Oct 2006
Message Posted: May 13, 2013 5:01:15 PM

An excellent way to improve the US's horrible balance of payments. Sell more exports. This is a healthy thing. Strengthens the dollar.
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PithyOpiner
Champion Author Stockton

Posts:18,092
Points:1,932,900
Joined:Jun 2008
Message Posted: May 13, 2013 12:35:42 PM

So what? The more money the oil companies make, the more taxes they have to pay. And, as you have heard, we need the bank.
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jason54915
Champion Author Appleton

Posts:13,326
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Message Posted: May 12, 2013 2:02:01 PM

whats new?
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WEPSMAN
Champion Author South Dakota

Posts:11,190
Points:2,420,000
Joined:Mar 2005
Message Posted: May 12, 2013 1:56:36 PM

Get more money by selling it than using it. Our government does not own the oil though. They do not control where it goes. There is a reason why oil companies keep posting record profits. Time to take the tax breaks away from "big oil".
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NickoliMB
Champion Author Manitoba

Posts:4,593
Points:904,120
Joined:Dec 2011
Message Posted: May 12, 2013 9:48:40 AM

Nothing surprising.
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MertieMan
Champion Author Lexington

Posts:16,953
Points:3,351,235
Joined:May 2005
Message Posted: May 12, 2013 6:47:04 AM

These crooks certainly are doing this and then keeping the pump prices in this country astronomically high for families to suffer when paying for it.
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estroh
Champion Author Indiana

Posts:5,790
Points:1,187,675
Joined:May 2011
Message Posted: May 12, 2013 12:10:23 AM

Does anyone's car/truck run off of crude oil? You might be forgetting about an essential process in between that turns crude into the "go juice"
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_Sparty_
Champion Author Chicago

Posts:4,164
Points:1,145,615
Joined:Mar 2011
Message Posted: May 11, 2013 11:31:53 PM

So how many people are actually going to vote in midterm elections next year to start changing the corruption?
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PithyOpiner
Champion Author Stockton

Posts:18,092
Points:1,932,900
Joined:Jun 2008
Message Posted: May 3, 2013 4:26:48 PM

Oh, Realakman, come on. That can't be true! Think about it for a minute. It will come to you. And, stay off the weed while you are posting in here. 'k?
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speedy700
Champion Author New Jersey

Posts:2,556
Points:581,300
Joined:Jan 2013
Message Posted: May 2, 2013 5:30:33 PM

Guess some people need to understand how the world economy really works before posting absurd comments on here...
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PassmyGas
All-Star Author North Carolina

Posts:880
Points:767,380
Joined:Jul 2010
Message Posted: May 2, 2013 5:29:49 PM

hope so
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brerrabbitTX
Champion Author Houston

Posts:1,318
Points:23,205
Joined:Mar 2011
Message Posted: May 2, 2013 5:03:41 PM

I work for an oil company that owns refineries. We neither need or seek approval of the government to sell product outside of the US and at the same time they do not tell us what we can or cannot sell outside of the US. Those decisions are purely economic in nature.

PS We don't sell to other countries, we sell to other companies who happen to be in other countries.
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AFOS
Champion Author Chicago

Posts:34,048
Points:3,521,140
Joined:Jul 2001
Message Posted: May 2, 2013 4:47:00 PM

I don't think the gov't is forcing refiners to sell fuel abroad.
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campdoodles
Rookie Author Oakland

Posts:4
Points:18,730
Joined:Oct 2012
Message Posted: May 2, 2013 2:58:10 PM

The OP is an idiot
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PithyOpiner
Champion Author Stockton

Posts:18,092
Points:1,932,900
Joined:Jun 2008
Message Posted: May 2, 2013 2:18:13 PM

Robbing you? What about that check the state government of Alaska sends you each year. I wouldn't call that robbing you!!
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Houckster
Champion Author Atlanta

Posts:10,996
Points:763,215
Joined:Sep 2003
Message Posted: May 2, 2013 9:27:04 AM

This is a ridiculous post in the "government is out to get us" strain. Get your facts straight before posting.

[Edited by: Houckster at 5/2/2013 9:28:28 AM EST]
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MertieMan
Champion Author Lexington

Posts:16,953
Points:3,351,235
Joined:May 2005
Message Posted: May 2, 2013 5:15:02 AM

We know this and every drop should be saved for a while for us only.
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