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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (181333)	11/13/2013 10:47:25 AM
From: t4texas	1 Recommendation Recommended By Dennis Roth Read Replies (2) \| Respond to of 206154

more railroad companies working to try lng in their locomotives. csx this time working with ge transport division. finance.yahoo.com

To: Dennis Roth who wrote (181333)	11/13/2013 1:06:37 PM
From: MIRU	Respond to of 206154

>> it would be more logical if they restricted the export of oil products vs. crude << Very good post. I recall at one time it "would be more logical" to export North Slope crude to Japan than send it all the way to Gulf Coast refineries. Apparently west coast refining was at capacity. Anyhow I will always remember the response of Jimmy Carter: "the public would never understand it"

To: Dennis Roth who wrote (181333)	11/14/2013 7:18:03 AM
From: Ed Ajootian	Read Replies (1) \| Respond to of 206154

Dennis, using the logic in your first paragraph would only serve to further buttress the cause for exporting crude oil. Having excess refining capacity for "emergency situations" obviously only helps if one has access to crude oil. If we are importing oil from a lot of countries who's average citizen hates our guts, it would seem reasonably likely that one of these "emergency situations" that comes up might have something to do with developments in one or more of these countries. With that it mind it then it behooves us to keep our domestic oil production higher than it otherwise would be if we restricted it to only supplying domestic refineries. The way to do that would be to allow for oil to be exported, thus maximizing the price that all oil producers can receive, even those that are far away from most of our existing refineries such as in the Bakken.