Stop exporting U.S. Gasoline

Gasoline, diesel, and jet fuel are now this country’s largest export.

That’s right.

In 2011, oil refiners in the United States exported an estimated 117 million gallons per day of gasoline, diesel, jet fuel and other petroleum products worth $88 billion. 

These fuels are being sold on the “world market” because there is insufficient demand in the U.S. due ironically, to rising gas prices and higher-mileage vehicles being sold.

The Keystone Pipeline, environmental issues not withstanding, would be good for the Canadian oil export companies and good for the U.S. gasoline exporting companies but would have little lasting value to the average citizen.

That oil, once refined in the Gulf states would be sold as gasoline to South America, not North America.

The same issues involve additional oil drilling in the U.S. All that excess gasoline produce would be sold and shipped out of the United Sates, thereby keeping U.S. gas prices high.

Until our benighted elected government representatives ban all exports of U.S. produced oil products, we will have ever higher gas prices at the pumps and see ever higher, obscene profits going to oil companies.

What about it Congress?

Care to pass a law protecting The People of the United States of America instead of the oil companies?

What we have are war-mongering congressmen beating the drums for conflict with Iran, and shutting down their oil production just to further increase the “world market” for gasoline and increase oil companies profits.

<IMHO> Fred Jacobsen

2 Responses to “Stop exporting U.S. Gasoline”

  1. […] Stop exporting U.S. Gasoline (verbumsapienti.wordpress.com) […]

  2. […] Stop exporting U.S. Gasoline (verbumsapienti.wordpress.com) […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: