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FreakinDJ

(17,644 posts) Sat Dec 31, 2011, 10:25 AM Dec 2011

In a first, gas and other fuels are top US export [View all]

In a first, gas and other fuels are top US export
By CHRIS KAHN

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.pressdemocrat.com/article/20111231/APA/1112310594

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In a first, gas and other fuels are top US export [View all] FreakinDJ Dec 2011 OP

Posted in LBN late November. dipsydoodle Dec 2011 #1

They finally admitted it was the No.1 export in dollars FreakinDJ Dec 2011 #2

In which case dipsydoodle Dec 2011 #3

Spoilsport! freshwest Dec 2011 #32

oooh, but we must be energy independent and keep deepwater drilling & fracking wordpix Dec 2011 #4

disgusting, isn't it. BootinUp Dec 2011 #9

We import a good chunk of our petroleum supply Yo_Mama Dec 2011 #23

I work in Oil Refining - I'm glad you read our reports however wrong the interpetation FreakinDJ Dec 2011 #29

No irony here. sulphurdunn Dec 2011 #5

Keystone Pipeline is destine for Port Arthur Texas (Tax Free Zone) FreakinDJ Dec 2011 #6

"All the Pollution but None of the Tax Revenues" I did not know that wordpix Dec 2011 #13

Yeah. SammyWinstonJack Dec 2011 #7

U.S. refineries can take a tanker full of crappy low quality oil and turn it into excellent fuel. hunter Dec 2011 #8

And were paying for it a the pump ....... Historic NY Dec 2011 #10

Simple answer. It's not that exports of such have increased. alphafemale Dec 2011 #11

Actually that would not be entirely accurate FreakinDJ Dec 2011 #12

The US is most definitely not a net exporter Yo_Mama Dec 2011 #22

USA is a Net Exporter according to these reports FreakinDJ Dec 2011 #28

Oh - you meant refined products Yo_Mama Jan 2012 #41

We import crude oil. The exports the article talks about are refined fuels. tclambert Dec 2011 #33

apples and oranges - refined product versus crude oil bhikkhu Dec 2011 #38

Yes, we are steadily cutting petroleum use.n/t Yo_Mama Jan 2012 #42

K&r alfredo Dec 2011 #14

This message was self-deleted by its author alfredo Dec 2011 #15

Not exactly anything to boast about here sandyd921 Dec 2011 #16

Ladies and Gentlemen, I give you one of the reasons fuel costs so much these days. ixion Dec 2011 #17

That makes one wonder why keystone. alfredo Dec 2011 #18

No need to wonder....get tar sands oil to Gulf Coast refineries KeepItReal Dec 2011 #21

It's letter writing time. alfredo Dec 2011 #34

Drill Baby Drill? Blacksheep214 Dec 2011 #19

Did anyone forget war? (NT) The Wizard Dec 2011 #20

Tinnitus Blacksheep214 Dec 2011 #24

Bilateral Tinnitus, the gift that keeps on giving. alfredo Dec 2011 #35

Sucks doesn't it n/t Scairp Jan 2012 #45

Yeah, it sucks, but it got me that "service connected" line on my VA card and a few dollars. alfredo Jan 2012 #46

I'm going to volunteer with VA for any experimental treatments. n/t tabasco Dec 2011 #36

Good luck! nm Blacksheep214 Jan 2012 #39

Getting hearing aids this week The Wizard Jan 2012 #43

My insurance only covers cheaper ones. Blacksheep214 Jan 2012 #44

Have you gone to the VA for that? My ears are fried from my years as Morse Intercept. alfredo Jan 2012 #47

The VA is giving me hearing aids. (NT) The Wizard Jan 2012 #49

Great! alfredo Jan 2012 #50

America still relies on imports. Spider Jerusalem Dec 2011 #25

Less than 50% of our oil use is now imported bhikkhu Dec 2011 #37

Just started rereading The Unsettling of America Culture & Agriculture by Wendell Berry and this jwirr Dec 2011 #26

Ed McClanahan is another good Kentucky writer. Image below alfredo Jan 2012 #48

As was the hype of the Alaskan Pipeline; greiner3 Dec 2011 #27

Yeah, we knew that. They are internationalists when it come to money. That national thing, well, freshwest Dec 2011 #31

If it keeps our mitts out of other countries, fine. Fracking for it, NO. freshwest Dec 2011 #30

Yet gas prices remain high. Because oil is an international commodity. Drill, baby ... DirkGently Jan 2012 #40