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Author Topic: U.S. for first time in 50+ years a net gasoline exporter Back to Topics
lkozark

Champion Author
Missouri

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Message Posted: Jun 18, 2013 8:13:57 AM

The United States, in a milestone that burnishes its growing energy reputation, for the first time in more than 50 years is exporting more gasoline than it imports.


Visit Kansas City Star for full article
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52MPG
Champion Author Dayton

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Message Posted: Jun 19, 2013 11:23:17 AM

This makes no sense.
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Nancy&Len
Champion Author Cleveland

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Message Posted: Jun 19, 2013 5:42:08 AM

So why are fuel prices so high.
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BBopp
Champion Author Dayton

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Message Posted: Jun 19, 2013 4:40:40 AM

I'm still waiting for lower pump prices. I won't hold my breath.
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Trudat316
Veteran Author Missouri

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Message Posted: Jun 19, 2013 2:12:00 AM

When our currency is rendered worth-less, the Chinese will accept only our pork and petroleum as payment for our debt.
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sickhp
Champion Author San Antonio

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Message Posted: Jun 19, 2013 1:26:47 AM

Drill baby drill in all of America, those are shovel ready jobs and more taxes O.
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Hemond
Champion Author Providence

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Message Posted: Jun 19, 2013 1:07:07 AM

One more nail in opec's coffin. As the US becomes the dominant world oil power, opec discombobulates.

Also the middle east will become insignificant strategically. They are on the road to self destruction. That day is coming soon. Let the islamics in the ME kill each other. Syria is the model.
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kkimes
Champion Author Illinois

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Message Posted: Jun 19, 2013 12:33:50 AM

So at least there is some good news. Doesn't it make you feel good that you are paying a higher price for gas so that more can be exported overseas?
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xgojim
Champion Author Michigan

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Message Posted: Jun 18, 2013 5:21:54 PM

Many thanks to the die-hard oil industry. JR would be very proud right now!
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mike56MI
Champion Author Michigan

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Message Posted: Jun 18, 2013 5:07:28 PM

OK
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doyle16
Champion Author Florida

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Message Posted: Jun 18, 2013 4:51:35 PM

Maybe this will reduce our support to terrorist.
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bston
Champion Author Oklahoma City

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Message Posted: Jun 18, 2013 3:59:44 PM

Some good replies.
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ss70
Champion Author Detroit

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Message Posted: Jun 18, 2013 3:44:20 PM

Traders if allowed would sell everything ... why would they care about consumers here
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mitt4prez
Champion Author Tacoma

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Message Posted: Jun 18, 2013 3:35:13 PM

Export, baby, export.
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Tekkersmom57
Champion Author Syracuse

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Message Posted: Jun 18, 2013 2:12:25 PM

Good call, "IronMyShirt", let's start helping ourselves here at home and keep the gas price down.
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DoctorV
Champion Author Detroit

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Message Posted: Jun 18, 2013 1:21:25 PM

Good news! Finally we are working our way back to being an exporting nation. Now with the deluge in oil production, we should start exporting that too.
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Infidels
All-Star Author Alberta

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Message Posted: Jun 18, 2013 1:12:35 PM

And Alberta with huge oil reserves/production is a net importer of gasoline.
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RBob
Champion Author Portland

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Message Posted: Jun 18, 2013 12:08:00 PM

Thanks to Congress' actions on tax benefits, it is more profitable to export than sell in within the US.
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ObieDog
Champion Author Maryland

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Message Posted: Jun 18, 2013 11:52:08 AM

But, but ......
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jjjleblanc
Champion Author Rochester

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Message Posted: Jun 18, 2013 11:36:13 AM

It's a global market.
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TripleHs
Champion Author Austin

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Message Posted: Jun 18, 2013 10:20:22 AM

natural resources should not be an issue
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IronMyShirt
Champion Author Akron

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Message Posted: Jun 18, 2013 9:30:57 AM

Sounds like a good reason to develop higher refining capacity, right?
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Bttlecat
Champion Author Oklahoma City

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Message Posted: Jun 18, 2013 9:27:43 AM

Exporting crude is ok. But, this is refined products. Not so good for the average joe or joey in the US.
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coughlin
Champion Author San Jose

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Message Posted: Jun 18, 2013 9:26:34 AM

That took awhile.
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madison8359
Champion Author Cleveland

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Message Posted: Jun 18, 2013 9:17:45 AM

And fuel prices are at all-time highs any coincide?
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BurntOrange
Champion Author Austin

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Message Posted: Jun 18, 2013 9:15:38 AM

From the article:

"The U.S. still has net imports of 40 percent of the crude oil and petroleum products it needs — but that’s down sharply from 60 percent in 2005."

We are still very dependent on other countries for oil.
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JamesCalvin
Champion Author Lancaster

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Message Posted: Jun 18, 2013 9:05:37 AM

Great!

Why didn't any body think of this before?
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00MrSlate00
Champion Author Illinois

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Message Posted: Jun 18, 2013 9:04:41 AM

Ok, let's keep exporting oil and keep our people paying $4 a gallon.
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JDchefF
Champion Author Lancaster

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Message Posted: Jun 18, 2013 9:00:32 AM

Not good, some exports are good, but we need to build up our reserves and put the oil and refined products into our system to help lower the price at the pumps.
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skempton
Champion Author Vermont

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Message Posted: Jun 18, 2013 9:00:12 AM

So lack of refining capacity isn't the cause of high Mid-west gas prices.
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humblepie
Champion Author Toledo

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Message Posted: Jun 18, 2013 9:00:00 AM

obamanomics for americans
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Cruzinwritr
Champion Author San Diego

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Message Posted: Jun 18, 2013 8:58:28 AM

k
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screwoilco
Champion Author Sacramento

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Message Posted: Jun 18, 2013 8:56:56 AM

again, government more interested in helping big oil than electorate
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scu227
Champion Author New Haven

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Message Posted: Jun 18, 2013 8:55:09 AM

Why are we exporting when our supplies keep dropping ??? Keep our product here and take care of our own country first.
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whitebear1883
Champion Author Oakland

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Message Posted: Jun 18, 2013 8:48:56 AM

Let's join OPEC! Ha!
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zuess28
Champion Author Allentown

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Message Posted: Jun 18, 2013 8:44:11 AM

Cool keep exporting so we keep paying more.
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cdrrod
Champion Author Wisconsin

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Message Posted: Jun 18, 2013 8:33:24 AM

It's the wrongonomics!
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ncreek
Sophomore Author Jacksonville

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Message Posted: Jun 18, 2013 8:23:47 AM

Wow, finally glad to hear this, hopefully they can keep it up for a long time. Maybe in another 50 years they can balance the budget.
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mastermariner
Champion Author Texas

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Message Posted: Jun 18, 2013 8:23:06 AM

Good for the balance of payments
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Winatgas
Champion Author Kentucky

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Message Posted: Jun 18, 2013 8:21:51 AM

Good for the U.S. - after years of being hung by OPEC, we can now offer an alternative in a commodity the world needs.
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Buckeyee
Champion Author Maine

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Message Posted: Jun 18, 2013 8:16:50 AM

We can all thank the president for his insightful leadership for this. Oh, wait, he tried to stop this, never mind !!
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werich44
Champion Author California

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Message Posted: Jun 18, 2013 8:16:20 AM

About time, now let's get rid of the speculators and watch the price of gas drop.
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