America Is Now A Net Exporter Of Petroleum- THANKS OBAMA!

NEW YORK -- For the first time, the top export of the United States, the world's biggest gas guzzler, is – wait for it – fuel.

Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. It will also be the first year in more than 60 that America has been a net exporter of these fuels.

Just how big of a shift is this? A decade ago, fuel wasn't even among the top 25 exports. And for the last five years, America's top export was aircraft.

The trend is significant because for decades the U.S. has relied on huge imports of fuel from Europe in order to meet demand. It only reinforced the image of America as an energy hog. And up until a few years ago, whenever gasoline prices climbed, there were complaints in Congress that U.S. refiners were not growing quickly enough to satisfy domestic demand; that controversy would appear to be over.

http://www.huffingtonpost.com/2011/12/31/united-states-gas-export_n_1177559.html

 

IMO we should probably outlaw exporting fuel. We can't be self sufficient if we sell it away.

 

And "Iran is the main cause of our national debt"
Mod Edit: we do not tell others to **** in a cival debate

 

If it was up to Obama.......we wouldnt export a drop of oil.........nor would we extract that drop.
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Completely agree. we are simply being robbed.

 

That's not nice to say **** to someone.

Iran has nothing to do with our national debt- our not collecting enough tax dollars is the reason. Could all the tax cuts we had in the past decade have something to do with it???

 

.....yeah thanks Obama! If only we can get gasoline up to $10.00/gallon as Democrats wish......we will really get our petro exports up.
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Thanks Obama? What does Obama have to do with this?

 

As the OP article link states:

So I kinda agree- why didn't we just use the 848 million barrels we produced domestically and not import any of it???

 

Everytime anything bad happens in America in this forum, it's Obama's fault. So kudos to Obama for this- it goes both ways.

 

Ok, I apologize for the hidden insult, but let me make another statement:

The reason my aquarium is lacking water right now is because I am not adding enough water
Fine print: I added water to it this morning, but there's a leak on the bottom, and my whole floor is wet, but don't mention it, because the suckers on the bottom love the water

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All signs point to "No"......

Federal Tax Revenue After The Bush Tax Cuts


Could it be the out of control spending of our bloated nanny statist government?

........all signs point to "Yes".
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One gallon of gas can make a 3,000 pound car with four people in it travel 10-30 miles down the road. What do you suggest we use as an alternative? Even if gas was $5.00 a gallon, what else is there to propel our autos? What is your solution to that??? Just because it was $1.40 a decade ago dosen't mean it's a ripoff at even $5.00 a gallon when you look at it that way.

As far as Big Oil making profits in the billions, that is what corporate taxes are for or are supposed to prevent. I think you should direct your efforts towards Uncle Sam hiking up taxes on companies that make an excessive profit on staple items we can't do without.

 

I agree. And we should plug up that hole with fistfuls of new tax dollars which would give us a balanced budget. Question is- do YOU agree with that statement?

 

The Republicans in power would never let us create a law outlawing exporting of these fuels. Heck, the democrats wouldn't even do it.

All is lost.

Seriously, this seems like a no-brainer. STOP exporting fuel.

 

Why do you hate the free market?

Are you some kind of socialist?

 

I gave up on looking at charts particularly in this forum because for any one you can throw out, there's a dozen out there that discredit it.

Don't you remember our last President handing out $600 rebates to all Americans? Do you remember the second time he did it? OK- do you remember when he ordered up $700 billion in TARP money?

I think you have short-term memory problems, commonly known as Repubcitis Ignoantus.

 

The Free Market is great most of the time but it's costly to the individuals in a society sometimes. Those times it mush be squashed. The most prolific example would be health coverage. When the free market literally KILLS people it's WRONG.

Admittedly outlawing exports of fuel is not nearly as important. But it might still help. The single problem with people who stop free market trade in certain instances is they overreach. The free market is the best choice 95% of the time. Often with commies and stuff they go overboard and reach into that 95% which shouldn't be touched, therefore damaging their economy or destroying it.
The 5% (arbitrary guesstimate on my part, don't quote me on the exact number) that SHOULD be controlled will be costly to control in most instances. I just suggest we might keep the fuel ourselves because it could potentially lower the prices or at the very least make us self sufficient.

And conservatives are always screaming about self sufficiency. You can't have both self sufficiency AND exports of the things you need to be self sufficient. Choose one or the other.

 

Yes the truth can be painful.....

Do you remember one of the greatest growths in revenues in US History, after one of the Largest Tax Cuts in US History?

We dont have a revenue problem.......we have a spending problem. Present in America.....as well as all the bankrupt and collapsing Leftist countries around the world......where SURPRISE--They have HIGH TAXES.....and all the problems you believe Tax Hikes will fix here.
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If money is is water in my example, of course I DO NOT agree, because this fistful of water will just leak out as money. I can only assume you are being sarcastic here?

 

I always suspected that Obama goes both ways.

Drilling permits are down 88 percent under Obama. The number of permits issued since March (when Obama lifted his stupid moratorium) are way down. The drilling discussed started years ago. It just shows that no matter how much damage Obama wants to do to the American economy, it will eventually bounce back.

 

Oh yeah- I remember! The roller coaster climb our nation took right before everything bottomed out in 2008!

We don't have a spending problem- unless you can point out to me where exactly we can cut a Trillion dollars from our Federal budget. Hmmm? Well??

 

Money is the problem- we don't collect enough of it. Unless you also want to take up the challenge and show me where to find a Trillion in cuts that can be made to the Government.

Knock yourself out-

 

The budget can be cut by a trillion pretty easily. But it's a matter of what to cut. People aren't willing to cut a lot of things. Personally I'd start with the Death Penalty. That would save states that do it a LOT of money. Over a billion in California alone. That's just a drop but there's a lot more you can cut. But of course, people HAVE to have their death penalty NO MATTER the literal $ cost.

 

Show me where you can cut a Trillion. SHOW ME. Tell me what you'd cut.