SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Evolution -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (22825)3/14/2012 10:04:37 AM
From: Brumar89  Read Replies (1) | Respond to of 69300
 
The international oil market is too big for any single non-national company to manipulate. Saudi Aramco and Gazprom have manipulated the oil and European natural gas markets before.

our exporting more than we are importing

Wrong. As a nation, we import crude. The exports you're talking about are of refined products, gasoline, diesel, kerosene.

it's all fake, isn't it..? Nope.

Why aren't all the refined products kept in this country???

Because we have a free economy.

Shell's Deer Park refinery, I mentioned ... Pemex has been shipping it's crude into the US, refining it (and creating jobs for Texans instead of Mexicans), and then shipping the refined products back to Mexico for a long time. Why should we say they can't do that? I know ... you hate people not from your part of the country and wish those TX jobs didn't exist.

What about Citgo, owned by the Venezuelan national oil company? Why should we tell them they can't refine their crude in the US (again making jobs for Americans in TX, LA, and IL)?