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How much of the oil drilled in the US is sold overseas?

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maynard Donating Member (514 posts) Send PM | Profile | Ignore Sun Aug-03-08 03:18 PM
Original message
How much of the oil drilled in the US is sold overseas?
I can't believe the oil companies would be true to the US. You sell to the highest bidder regardless of your nationality.
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magellan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-03-08 03:24 PM
Response to Original message
1. Found this
http://www.forbes.com/reuters/feeds/reuters/2008/07/03/...

Reuters
ANALYSIS-US oil firms seek drilling access, but exports soar
07.03.08, 2:40 PM ET

United States - By Tom Doggett

WASHINGTON3 (Reuters) - While the U.S. oil industry want access to more federal lands to help reduce reliance on foreign suppliers, American-based companies are shipping record amounts of gasoline and diesel fuel to other countries.

A record 1.6 million barrels a day in U.S. refined petroleum products were exported during the first four months of this year, up 33 percent from 1.2 million barrels a day over the same period in 2007. Shipments this February topped 1.8 million barrels a day for the first time during any month, according to final numbers from the Energy Department.

The surge in exports appears to contradict the pleas from the U.S. oil industry and the Bush administration for Congress to open more offshore waters and Alaska's Arctic National Wildlife Refuge to drilling.

more...
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-03-08 03:52 PM
Response to Reply #1
4. Good information
The exports were also equal to half the 3.2 million barrels of gasoline, diesel fuel and other petroleum products the United States imported each day over the 4-month period.

The biggest share of U.S. oil products exported went to Mexico, Canada, Chile, Singapore and Brazil.

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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-03-08 03:25 PM
Response to Original message
2. Doesn't almost all of the Alaskan oil go to Japan?

I think I read that somewhere.
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-03-08 03:26 PM
Response to Original message
3. None
but the gasoline made from it, Oh boy....

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