Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:26 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil Exports Trim U.S. Deficit as Fuel Gap Shrinks: Economy Back to Topics
Teslukbla

Champion Author
Missouri

Posts:33,302
Points:3,495,380
Joined:Jan 2005
Message Posted: Feb 9, 2013 3:01:29 PM

Record petroleum exports helped shrink the U.S. trade deficit in December to the smallest in almost three years as America moved closer to energy self- sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo. The gap narrowed 20.7 percent to $38.5 billion, the smallest since January 2010 and lower than any estimate in a Bloomberg survey of 73 economists, Commerce Department figures showed today in Washington. Oil exports climbed $11.6 billion. Another report showed wholesale inventories unexpectedly declined in December.
Visit Bloomberg for full article
REPLIES (newest first) Post a Reply
Profile Pic
virostek
Veteran Author Virginia

Posts:423
Points:90,285
Joined:Oct 2012
Message Posted: Feb 11, 2013 7:10:23 AM

OK.
Profile Pic
DrCashFlow
Champion Author Massachusetts

Posts:9,407
Points:2,168,435
Joined:Jun 2008
Message Posted: Feb 11, 2013 3:15:43 AM

a step in the right direction
Profile Pic
dave27johnson
Champion Author Chicago

Posts:2,306
Points:904,620
Joined:Feb 2012
Message Posted: Feb 10, 2013 11:44:28 PM

Good news.
Profile Pic
Ahking
Champion Author Orange County

Posts:3,618
Points:625,235
Joined:May 2011
Message Posted: Feb 10, 2013 2:56:57 AM

also raises domestic gas pricing.
Profile Pic
MrLefty0706
Champion Author Chicago

Posts:3,839
Points:907,060
Joined:Apr 2012
Message Posted: Feb 10, 2013 1:50:39 AM

Now a trade surplus would be outstanding.
Profile Pic
mastermariner
Champion Author Texas

Posts:12,589
Points:1,033,195
Joined:Jun 2011
Message Posted: Feb 10, 2013 1:07:38 AM

Good
Profile Pic
1momsunshine
Champion Author Ottawa

Posts:7,793
Points:1,525,080
Joined:Mar 2010
Message Posted: Feb 10, 2013 12:06:03 AM

Good direction
Profile Pic
investmentdr
Champion Author Cleveland

Posts:5,977
Points:1,980,720
Joined:Sep 2008
Message Posted: Feb 9, 2013 9:21:30 PM

Imports are falling too
Profile Pic
Lugi1967
Champion Author Ohio

Posts:6,976
Points:1,543,250
Joined:Jun 2010
Message Posted: Feb 9, 2013 9:11:50 PM

Good direction
Profile Pic
ss70
Champion Author Detroit

Posts:12,675
Points:2,392,355
Joined:Sep 2005
Message Posted: Feb 9, 2013 5:55:34 PM

Reduce the chinese imports by 10% or more , it will help a lot.
Profile Pic
wrunner
Champion Author Virginia

Posts:6,951
Points:1,694,890
Joined:Dec 2009
Message Posted: Feb 9, 2013 5:09:33 PM

Still a long way to go.
Profile Pic
humblepie
Champion Author Toledo

Posts:56,009
Points:2,931,765
Joined:Mar 2006
Message Posted: Feb 9, 2013 4:58:50 PM

so thrilled i could vomit
Profile Pic
montpelier28
Champion Author Vermont

Posts:2,985
Points:1,328,605
Joined:Apr 2010
Message Posted: Feb 9, 2013 4:44:10 PM

very good news
Profile Pic
tnfran
Champion Author Arizona

Posts:6,784
Points:1,385,305
Joined:Dec 2010
Message Posted: Feb 9, 2013 4:05:47 PM

No thanks to current administration though.
Profile Pic
csblesson
Champion Author Texas

Posts:3,643
Points:882,670
Joined:May 2012
Message Posted: Feb 9, 2013 3:44:32 PM

But why? Why is nothing done?
Profile Pic
JoeKR
Champion Author New Jersey

Posts:11,612
Points:2,029,555
Joined:Feb 2006
Message Posted: Feb 9, 2013 3:36:25 PM

Let's hope the next few years take us back to pre-1973!
Profile Pic
SammyAdams
Champion Author Tallahassee

Posts:5,578
Points:1,348,400
Joined:Nov 2010
Message Posted: Feb 9, 2013 3:28:36 PM

I dunno. When everything is predicted to become rosy, me thinks its time for another fleecing.
Profile Pic
mastermariner
Champion Author Texas

Posts:12,589
Points:1,033,195
Joined:Jun 2011
Message Posted: Feb 9, 2013 3:26:43 PM

As they should and that why gas will not go down, energy is a global commodity
Profile Pic
whatif81
All-Star Author San Antonio

Posts:810
Points:355,840
Joined:Jan 2012
Message Posted: Feb 9, 2013 3:25:18 PM

ok
Post a reply Back to Topics