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Originally Posted by Frank Lee
That info could put the neoconbaggers in a bind (if their relationship with facts wasn't so tenuous in the first place).
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I'm pretty sure this falls under political discussion.
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Originally Posted by Ryland
Our single largest import is crude oil and tar sand and our single largest export is refined gasoline!
I'm not sure where it's currently standing, but they are trying to put a pipe line from the tar sand mine in Canada and run it straight to Texas where it will be refined in to gasoline and exported, stuff like that has very little impact on our gasoline prices because it's 100% export, it also shows that pretty much everyone else in the world is willing to pay more for gasoline then we are, but the refineries get huge tax breaks and kick backs for being here.
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The Keystone pipeline is a separate issue that I don't want to get into here. But the part about our primary import and export is good material for discussion. But remember how there was all that talk about needing more domestic refineries? Now that the demand isn't there it's even less likely to happen.
And now that I think about it, the number for net imports might have been less. I saw an article on Reuters that said Oil imports were only 60% of domestic consumption at the peak in 2005. I'll update my main post with that.
U.S. relies less on oil imports to meet fuel demand: government | Reuters