[Pops]

For your consideration...

Some very exciting and cw-upending news was reported yesterday in The Wall Street Journal, where citing Energy Information Agency data they say "U.S. exports of gasoline, diesel and other oil-based fuels are soaring, putting the nation on track to be a net exporter of petroleum products in 2011 for the first time in 62 years."

http://www.slate.com/blogs/moneybox/201 ... orter.html

[MD]

Refined products? Well I suppose if our own population doesn't need the production capacity any more there's no reason not to utilize the assets for the benefit of others.

Others will demand it.

[seahorse3]

Sending it all to China? Who's buying it? It would be interesting to know.

[Oakley]

Is this good news or bad news?

When 20% of the population doesn't have jobs, I suppose that allows for a surplus to export. If we really want to up our refined products exports, lets see if we can't get unemployment up to 75%; that should really show a hefty products export increase.

[The Practician]

Crash-watcher did an excellent piece on how little this little tidbit of information really means.

Click image for proper view I don't know how to size it down.




http://crash-watcher.blogspot.com/2011/ ... -fuel.html