Quote:
Originally Posted by suspectnumber961
U.S. demand for oil and refined products — including gasoline — is down sharply from last year, so much that the United States has become a net exporter of gasoline, unable to consume all it makes.
|
I think this might be an instance of lying by telling the exact truth, just not all of it. Note that there is a difference between gasoline, a finished product, and oil, the raw material from which gasoline is made. Making gasoline from oil requires large, complex, expensive oil refineries, which the US built back when it had plenty of domestic oil. So as the domestic oil supply decreased, the US imported oil to keep the refineries working, and exported some of the refined products.
And in fact, it seems that (up to 2007, the latest data I can find in a quick search), the US has been exporting a lot of gasoline for decades:
United States Motor Gasoline Exports by Year (Thousand Barrels per Day)