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Author Topic: USA OIL REFINERIES SELLING US OUT!!!  (Read 2228 times)
Reuben
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« on: February 22, 2012, 04:47:35 pm »

Yesterday I saw on the news that it is against the law to sell crude oil/oil produced in the USA to other countries...WHich I think is a great law...however, the oil refineries are getting around it by refining the oil...once the oli is refined then it no longer is crude oil and so it becomes legal to sell overseas...so right now the US is averaging 1 million barrels a day that is getting shipped out to other countries...

In the meantime the price of oil and gas is going higher and highher...all because of supply and demand...but the demand here in the states is getting higher than the supply because of the exports...so this drives our prices up...

We need to vote for politicians that will pass a law against exporting our oil...
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« Reply #1 on: February 22, 2012, 05:15:32 pm »

X2!!!!!!
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R.ScHmIdT
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« Reply #2 on: February 22, 2012, 05:37:10 pm »

Hell yea
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halfbreed
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« Reply #3 on: February 22, 2012, 05:49:04 pm »

ha ha so what else is new ? big oil , big brother  = same damn thing
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charles
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« Reply #4 on: February 22, 2012, 06:09:48 pm »

We need to remove from power n start over with a new government
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Why should I trade one tyrant three thousand miles away for three thousand tyrants one mile away? An elected legislature can trample a man's rights as easily as a king can!
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« Reply #5 on: February 22, 2012, 06:17:58 pm »

The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is its natural manure.- George Washington

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TexasHogDogs
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« Reply #6 on: February 22, 2012, 06:35:25 pm »

Yup buy the oil, refine it sell it for max profit to other country's while our gas goes threw the roof.  They win both ways blowed up taxes on us and premium dollar after its refined and shipped out !   

Wonder were Obama has his stocks invested Huh?Huh?Huh? and the rest of the crooked hole in the butts !
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« Reply #7 on: February 22, 2012, 06:49:20 pm »

Huh, wasn't it right before the last elections that gas went thru the roof? Just thinkin out loud.
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charles
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« Reply #8 on: February 22, 2012, 07:29:52 pm »

The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is its natural manure.- George Washington



Where do we find the patriots nowdays? I think mel gibson is gettin a little old to be fightin the modern day brits.  Grin
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Why should I trade one tyrant three thousand miles away for three thousand tyrants one mile away? An elected legislature can trample a man's rights as easily as a king can!
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« Reply #9 on: February 22, 2012, 07:37:49 pm »

Now reuben this is something we can agree on.  I see big oil as scum and lower than whale chit and thats at the bottom of the ocean.  My Dad was telling my how the 50 cent/gallon government rebate on ethanol manufacturing has expired.  Big oil owns all the ethanol plants now days so rather than take a loss in profits they just passed it on to the consumer and thats one of the reasons gas has jumped so much over the past few weeks.

Waylon
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Hogsnatchers
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« Reply #10 on: February 22, 2012, 09:59:25 pm »

I agree that we jess to keep our oil here. Now that I've said that part I work for a speciality oil refining company. I don't know what types of oil they are referring to that is being shipped out to other countries but only a certain amount of each barrel of crude can be used for gas or diesel anyway. The rest is processed into other products asphalt, lube oils, hydraulic oils, even oils that are used in making everyday products like baby oils etc. We ship out some of our products overseas to other companies that undoubtedly make them into other products that are shipped right back to us. That is what having the good ole American government does by putting all of the regulations in place on companies and manufacturers that have to follow certain guidelines and such just to operate here in the U.S. to them it is cheaper and easier to just move out and make the same products without all the laws and regulations and just ship it back.
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Bino9905
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« Reply #11 on: February 22, 2012, 10:52:59 pm »

It all ends up with basic economics, if gas in Germany is 6 to 8 bucks a gallon the oil companies are gonna sell over there  for the most profit

Its the American way!
 if we forced American companies like Exxon to follow the proposed rules they would not make it cuz the other non American companies like Shell and BP would still be allowed to sell to highest bidder and it would put Exxon at a disatvantage and then everybody suffers. 

Don't know the solution but preventing American companies from maximizing their profit is not it
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Eric
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« Reply #12 on: February 23, 2012, 07:59:35 am »

I don't see the problem. We are moving more and more towards a world market. If you truely believe in capitalism you can't be against this. The oil is going where the company will get paid the most money for it. The agriculture sector sells crops world wide all the time and it effects the market here. No one says any thing to them. They also use over 10x the amount of water to irrigate as the O&G sector uses to frac and operate.... again no one complains about that. Wink


You can't say less regulations... less taxes... ect... oh wait... unless it benefits me. That is how we got where we are now. This is just big oil company hate, propaganda. Don't get sucked in.
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Reuben
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« Reply #13 on: February 23, 2012, 09:05:34 am »

global economy is fine...but the big problem is that most of the other countries don't pay their employees much and are not as regulated as we are here...so how do we compete against that? Chemical companies pay billions each year to meet US government regulations...

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« Reply #14 on: February 23, 2012, 09:45:35 am »

global economy is fine...but the big problem is that most of the other countries don't pay their employees much and are not as regulated as we are here...so how do we compete against that? Chemical companies pay billions each year to meet US government regulations...

We voted those people in that made those rules. It is no ones fault but our own.

What is messed up about the O&G deal is the O&G companies don't set their price but every one points their finger at them. All they can do is choose to regulate how much they chose to sell at a certain price. They go thru all the risk to provide a product. When... if... that product makes it to market they take bids on it... then sell it. They are at the mercy of the market at the time their product is finished. No different than cattle or crops or any thing else really. We have all seen how fast that can change also.

The problem with oil and gas is there are all these influences between the O&G companies and the consumer. There are govt regulations, speculators, refiners, threats from the middle east, gas stations, ect... That is where the problem comes in. Not the O&G company itself... they are just along for the ride like you and I.

For as conservative as most people want to claim they are.... when it comes to gas prices they fall right into the liberal push to blame O&G companies.... blame big business.

If you owned a resturant and I walked in and said.... you need to lower your prices and only sell to low income people... Would you like that? If I said you can only sell your cattle to local feed lots even if the ones up north pay more... Would you like that? Oil should be able to be sold to the market it chooses also.
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Reuben
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« Reply #15 on: February 23, 2012, 10:15:33 am »

Eric, you and Bino make good points...it is about supply and demand and how much the consumer is willing to pay or even afford to pay.

I remember back in the 1970's when OPEC decide to cut back on supply and raise the ptice of oil. They shot thereselves in the foot because as they raised the price the US and world economies could not adjust fast enough and we had a major recession. When a recession hits many people are out of work and the majority that are still working can not afford to buy much gas because inflation is eating away at their profits... OPEC shot thereselves in the foot because this caused an oil glut and the price came down to almost nothing...

OPEC is very mindful of the economy now and they want to keep the prices up as high as the gobal economies can handle...that is good business for them...

But I do agree that we need to fix what is broke here in the USA.

If we could outlaw lobbying it would solve alot of our problems.

If all government politicians retired on a small retirement salary and it was supplemented with Social Security our Social Security System would probably get fixed...
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« Reply #16 on: February 23, 2012, 10:29:17 am »

Amen to that!!!!!
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Eric
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« Reply #17 on: February 23, 2012, 10:48:28 am »

There is a lot of changes that need to be made but it's not thru regulation and more rules. Let's start with our tax code. Put money back in the hands of the people not the govt. A $0.25 gas hike wouldnt hurt so bad if the govt wasnt already taking 30% of our income.

 
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« Reply #18 on: February 23, 2012, 12:46:07 pm »

I thought that the deal going on with Iran right now is what has gas going up again???
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« Reply #19 on: February 23, 2012, 01:08:20 pm »

world conflicts have always had an effect on higher fuel prices, especially if the immediate countries surrounding the raw material sources have a chance of attacking the products coming from or going to the surrounding countries. i agree that price and demand are a big factor to rising fuel prices, but WHY pay to ship fuel from the middle east, refine it and sell it our own people for more than what it would cost to refine our own fuels and sell it local? the middle east has what is called sweet curde which provides a better fuel than non sweet cude, but if we are paying to ship in crude, refine it and sell to us when we could use our own product. that doesnt make good economic sence for the american consumer. big business and big brother live high on the hog while thier electors stuggle. if the government had to actually pay for thier fuel out of thier own pockets, they would sing a different tune. we have to pay thier fuel, food and housing bills along with our own bills plus pay for all the worthless free-loaders and illegals bills. the american people are getting the long hard shaft with no spit. as was said we elected them, its time we took them outa power and put people in those positions to help ALL americans, not just those who have the deeper pockets
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Why should I trade one tyrant three thousand miles away for three thousand tyrants one mile away? An elected legislature can trample a man's rights as easily as a king can!
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