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DirkGently

(12,151 posts)
22. Yes, we are a "net exporter" of oil.
Mon Jul 7, 2014, 01:31 PM
Jul 2014

That's going to vary at different times depending on a number of factors.

It is not the same as "energy independence."

One problem with all of the talk of increasing domestic production as a way to be "free" of the Middle East is that we don't earmark everything produced here for domestic use before selling any. We buy and we sell, at all times, because it's a worldwide market.

We continue to import oil, yes, but domestic demand is down, and U.S. domestic production is up, so, for the first time since 1949, we sometimes send out more than we take in.

http://www.bloomberg.com/news/2012-02-29/u-s-was-net-oil-product-exporter-in-2011.html

The U.S. exported more gasoline, diesel and other fuels than it imported in 2011 for the first time since 1949, the Energy Department said.

Shipments abroad of petroleum products exceeded imports by 439,000 barrels a day, the department said today in the Petroleum Supply Monthly report. In 2010, daily net imports averaged 269,000 barrels. U.S. refiners exported record amounts of gasoline, heating oil and diesel to meet higher global fuel demand while U.S. fuel consumption sank.


http://www.usatoday.com/story/news/nation/2013/11/13/us-oil-production-exceeds-imports/3518245/
The United States tiptoed closer to energy independence last month when — for the first time in nearly two decades — it produced more crude oil than it imported, federal officials said Wednesday.

The nation has been moving toward this milestone, because two trends are converging. Domestic oil production is at a 24-year high while foreign oil imports are at a 17-year low. The result: production exceeded net imports for the first time since February 1995, although the nation still imports 35% of the petroleum it uses.

Borowitz rec!... SidDithers Jul 2014 #1
It is difficult to explain climate change to people when you can't really feel it or see it yeoman6987 Jul 2014 #7
He is right about the Yellowstone part ... saw it on History Channel ... brett_jv Jul 2014 #17
Climate disruption? Climate catastrophe? Crispy Climate? Can not easily fix media deflection. Fred Sanders Jul 2014 #2
I Like Disruption ProfessorGAC Jul 2014 #5
I like climate disruption also, accurate, and not panicky but clear enough. Chaos is good, but Fred Sanders Jul 2014 #6
A Defense Spending Angle? THE SOLAR BOMB! DirkGently Jul 2014 #23
The unfortunate truth is that Skidmore Jul 2014 #3
"Earth will turn into an apocalyptic wasteland and politicians and rich people will be blamed." DetlefK Jul 2014 #4
Death by climate. NV Whino Jul 2014 #8
Baked Alaska. nt Snotcicles Jul 2014 #9
Baked Alaska. Climate deniers just deserts. nt Snotcicles Jul 2014 #10
I love good satire Gothmog Jul 2014 #11
"Oil Consumption Inhibiting De-population Effect Syndrome?" DirkGently Jul 2014 #12
Forget the name, we need to put conservative xenophobia to use. Amimnoch Jul 2014 #13
^^^This^^^ PADemD Jul 2014 #14
Ah, but now they have "fracking." DirkGently Jul 2014 #15
Not sure if you meant something else, but the USA is by no means a 'net exporter' of Oil ... brett_jv Jul 2014 #19
Yes, we are a "net exporter" of oil. DirkGently Jul 2014 #22
I recommend the following names and slogan: Moostache Jul 2014 #16
K&R NealK Jul 2014 #18
This malaise Jul 2014 #20
Flyover Country becomes Damnation Alley. FSogol Jul 2014 #21
"Learn to swim." WilliamPitt Jul 2014 #24
Extinction Lite nt LiberalEsto Jul 2014 #25
Excellent post. K&R Louisiana1976 Jul 2014 #26
Real Estate Agents in Florida might need to chew on this. Quantess Jul 2014 #27
How about a little intellectual honesty ? it would go farther than more scare tactics. NM_Birder Jul 2014 #28
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