Where to buy American Ga s for our American Bikes
#31
They renamed alot of Citgo stations to Petro Express too. Marathon took over alot of the Citgo stations around here.
#32
The fast answer is that it doesn't matter where the crude oil comes from. All the producers in the world produce roughly 85 million barrels of oil a day. The consumers of the world consume roughly 85 million barrels a day. There isn't a lot more production available.
So, the US imports about 5% of it's oil from Saudi Arabia (1 million barrels per day) and lets say we get together and eliminated those Saudi imports - well, now we have to buy that oil from another producing country. For argument lets say we buy that extra million barrels from the UAE who was previously selling it to Japan. Now, Japan turns around and buys the oil they need from the Saudis. So, all the consumers bought the oil they need and all the producers sold the oil they need. The US spent just as much on imports and the Saudis received just as much . . . it didn't matter.
So, the US imports about 5% of it's oil from Saudi Arabia (1 million barrels per day) and lets say we get together and eliminated those Saudi imports - well, now we have to buy that oil from another producing country. For argument lets say we buy that extra million barrels from the UAE who was previously selling it to Japan. Now, Japan turns around and buys the oil they need from the Saudis. So, all the consumers bought the oil they need and all the producers sold the oil they need. The US spent just as much on imports and the Saudis received just as much . . . it didn't matter.
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tseek555
Support for The Troops and their Families
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07-13-2008 10:56 AM