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Author Topic: For The First Time in 75 Years USA Exports More Oil Than It Imports  (Read 5735 times)

Purge_WTF

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #25 on: December 14, 2018, 05:50:22 AM »
 Looks like we should keep more of it to ourselves:

 https://finance.yahoo.com/news/saudi-arabia-target-u-sharp-171748629.html
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Tapeworm

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #26 on: December 14, 2018, 06:25:04 AM »
Quote from: funk51 on December 14, 2018, 05:30:54 AM
  you mean hasn't not has, right. or do you want to sub nothing for anything.

His remarks have been noted.  This is not the first time.  It would be best if you did not involve yourself further, citizen.  Have you ever asked yourself what became of the previous 50 funks?
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Palumboism

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #27 on: December 14, 2018, 07:05:24 AM »
Quote from: IroNat on December 14, 2018, 03:58:45 AM
Why are we exporting oil if we are importing oil?

That's just the way the market works.  Some of the contracts could have been written up awhile ago on multi year long term contracts.  Also, oil imported from our two largest sources of imported oil, Mexico and Canada, might actually be closer to a refinery than oil bought in America.  The market is always looking for the lowest overall cost, so eventually there will be minimal importation.
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funk51

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #28 on: December 14, 2018, 07:05:38 AM »
Quote from: Tapeworm on December 14, 2018, 06:25:04 AM
His remarks have been noted.  This is not the first time.  It would be best if you did not involve yourself further, citizen.  Have you ever asked yourself what became of the previous 50 funks?
    sorry superman. i won't let it happen again.
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Tapeworm

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #29 on: December 14, 2018, 07:20:26 AM »
 ;D My work here is done!  For now...
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Al Doggity

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #30 on: December 14, 2018, 08:29:50 AM »
Quote from: Hypertrophy on December 13, 2018, 02:29:29 PM
Not exactly true: "The United States exported more oil and fuel than it imported last week for the first time in 75 years, a significant milestone in the resurgence of domestic energy production that comes as the Trump administration pushes to increase energy exports even further."

https://www.nytimes.com/2018/12/06/us/politics/us-oil-exports-trade-deficit.html

What part are you saying isn't true?

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Hypertrophy

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #31 on: December 14, 2018, 08:41:34 AM »
Quote from: Al Doggity on December 14, 2018, 08:29:50 AM
What part are you saying isn't true?



Your statement "We're still importing way more crude oil than we export" is not true based on the NYT article I linked
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Al Doggity

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #32 on: December 14, 2018, 09:07:10 AM »
Quote from: Hypertrophy on December 14, 2018, 08:41:34 AM
Your statement "We're still importing way more crude oil than we export" is not true based on the NYT article I linked

"Oil and fuel" sounds like the energy products I was referring to in my first post.
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Skylge

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #33 on: December 14, 2018, 11:09:42 AM »
Quite amazing considering the number of gas guzzlers on US roads and how frequent many Americans take a plane.....
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IroNat

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #34 on: December 14, 2018, 02:29:36 PM »
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Al Doggity

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #35 on: December 14, 2018, 02:50:41 PM »
Quote from: IroNat on December 14, 2018, 02:29:36 PM
U.S. petroleum imports:

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTIMUS1&f=M

U.S. petroleum exports:

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTEXUS1&f=M

I couldn't direct link, but here's a screen cap of the numbers when you filter it to just "crude oil". Import for sep18 was approx 227,000 while import was just 63,000.
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IroNat

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #36 on: December 14, 2018, 03:27:36 PM »
"For one week in November, the U.S. was a net exporter of crude oil and petroleum products"

https://www.eia.gov/todayinenergy/detail.php?id=37772
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USMC 1371

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #37 on: December 14, 2018, 05:50:00 PM »
J.R. Ewing would be proud.
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Humble Narcissist

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #38 on: December 15, 2018, 05:10:47 AM »
Quote from: USMC 1371 on December 14, 2018, 05:50:00 PM
J.R. Ewing would be proud.
And much richer.
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Tapeworm

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #39 on: December 15, 2018, 06:50:38 PM »
Ya.  If I hadn't shot him.
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Humble Narcissist

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #40 on: December 16, 2018, 03:44:49 AM »
Quote from: Tapeworm on December 15, 2018, 06:50:38 PM
Ya.  If I hadn't shot him.
You shot J.R.?  I always wondered who it was.
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oldschoolfan

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #41 on: December 16, 2018, 09:16:43 AM »
this is what we should do , keep all of our oil and tell them fucking rag heads if they do not sell us there oil for cheap,  the air force and us navy will be paying them a visit very soon.

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pellius

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #42 on: December 17, 2018, 01:53:37 AM »
Quote from: oldschoolfan on December 16, 2018, 09:16:43 AM
this is what we should do , keep all of our oil and tell them fucking rag heads if they do not sell us there oil for cheap,  the air force and us navy will be paying them a visit very soon.



So you support unilaterally invading other nations and stealing their resources?
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Humble Narcissist

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #43 on: December 17, 2018, 03:16:38 AM »
Quote from: oldschoolfan on December 16, 2018, 09:16:43 AM
this is what we should do , keep all of our oil and tell them fucking rag heads if they do not sell us there oil for cheap,  the air force and us navy will be paying them a visit very soon.


That would be quite unethical.  Why not just use it and sell the excess like we do now?
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oldschoolfan

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #44 on: December 17, 2018, 07:09:46 AM »
Quote from: pellius on December 17, 2018, 01:53:37 AM
So you support unilaterally invading other nations and stealing their resources?

yeah , as long as it keeps my gas cheap plus arabs are muslim scum that should be terminated with extreme  predjudice they beat women, and fuck goats. 
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_bruce_

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Re: For The First Time in 75 Years USA Exports More Oil Than It Imports
« Reply #45 on: December 17, 2018, 07:18:31 AM »
Quote from: funk51 on December 14, 2018, 07:05:38 AM
    sorry superman. i won't let it happen again.

Superman you traitor  >:(
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