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Re: Chesapeake Makes 'Significant' Discovery in Anadarko Basin 

By: Scarface in FFFT | Recommend this post (1)
Sat, 02 Jun 12 1:25 AM | 95 view(s)
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Msg. 42969 of 65535
(This msg. is a reply to 42968 by oldCADuser)

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For two excellent reasons: (a) jobs, and (b) reduction of crude oil imports from other countries, many of whom are not our friends.

We are exporting more refined fuels because we are one of the world's largest refining countries, but you are trying to compare apples and oranges because crude oil and refined fuels are not the same thing.




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The above is a reply to the following message:
Re: Chesapeake Makes 'Significant' Discovery in Anadarko Basin
By: oldCADuser
in FFFT
Sat, 02 Jun 12 12:59 AM
Msg. 42968 of 65535

We are currently exporting more refined fuels than we have done in many years. If we have enough excess capacity to start being a major EXPORTER of petroleum products, how is it that we need to start drilling for even more oil? We're obviously not able to use all that we're producing now, so why drill for more? Who's going to benefit? Certainly not the average driver if we're already selling what we can't use now.


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