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Aren't pipelines part of the supply chain? Simply put we were net oil exporters under Trump, all of the sudden we are back to begging the Saudis. Given the env
by willcipriano 4y ago
Aren't pipelines part of the supply chain?
Simply put we were net oil exporters under Trump, all of the sudden we are back to begging the Saudis. Given the environmental retoric of this administration it isn't unreasonable to conclude that they had a hand in that.
- jeffbee 4y agohttps://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTNTUS2&f=M https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M... Please peddle your disinformation elsewhere.
- willcipriano 4y agoNet exporter under Trump: https://www.bloomberg.com/news/articles/2018-12-06/u-s-becomes-a-net-oil-exporter-for-the-first-time-in-75-years#xj4y7vzkg https://www.bloomberg.com/news/articles/2018-12-06/u-s-becom... Begging the Saudis under Biden: https://www.npr.org/2022/06/25/1107628743/biden-will-visit-saudi-arabia-to-ask-for-an-increase-in-oil-production https://www.npr.org/2022/06/25/1107628743/biden-will-visit-s...
- jeffbee 4y agoOne of us has the evidence on his side and the other is just doubling down on poor reading comprehension.
- shagie 4y agohttps://epic.uchicago.edu/news/why-do-we-import-russian-and-other-foreign-oil-when-we-have-a-lot-of-it-in-the-u-s/ https://epic.uchicago.edu/news/why-do-we-import-russian-and-... We export light sweet crude. We don't have the refineries set up to refine that type of oil. We import sour crude that the refineries set up to process more efficiently in the 90s (before fracking). Saudi oil is the sour type - and so we import that and the price of Saudi oil has the biggest impact on US gas prices. To change this around, oil companies in the US need to retool their refineries to the light sweet type that is produced domestically.