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(Yahoo) Interesting For the first time since your grandpa was a kid, the US exported more fuel than it imported this year. Let's take a victory lap   (old.news.yahoo.com) divider line 93
More: Interesting, United States, petroleum product, importer, ethanol fuel  
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4304 clicks; posted to Main » on 30 Dec 2011 at 7:42 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



93 Comments   (+0 »)
   
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2011-12-30 06:44:37 PM
Yet gas is still over $3 a gallon. Welcome to Obama's "America."
 
2011-12-30 07:23:55 PM
Why does Obama want to ship all our oil overseas?
 
2011-12-30 07:38:41 PM
It's a fungible molecule
 
2011-12-30 07:44:34 PM
Thank god this got greenlit late on Friday. I would have had to make a full bag of popcorn for this.
 
2011-12-30 07:46:41 PM
It's interesting, but call me when we're a net exporter of petroleum products.
 
2011-12-30 07:47:37 PM
Not to sound conspiratorial, but, ...

There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home.
 
2011-12-30 07:49:28 PM
Yay, exporting something for which the vast majoirty of inputs are imported. The US doesn't produce fuel, it processes it.
 
2011-12-30 07:49:35 PM
And I'm sure the average American citizen will benefit from this.
 
2011-12-30 07:51:44 PM
Value add, biatches.
 
2011-12-30 07:52:25 PM
xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

Smart button, Funny button... where the Stupid and Troll buttons?
 
2011-12-30 07:56:50 PM
Oh great. More red state welfare.

/???????
//American jobs refining the fuel to ship to other countries, instead of importing less oil and laying people off and closing refining facilities, due to not much national need.
///Tommorrows discussion is about NASA and their red state welfare with the former shuttle fleet.
//Ta, Ta.
/Yea, I do need some statistics on which refineries are the ones importing oil to refine to send back out.
 
2011-12-30 08:00:24 PM
Victory lap: RRRRRROAR!

Kibitzer: shiat, you just altered the balance of trade.
 
2011-12-30 08:01:41 PM
Cuchulane: Smart button, Funny button... where the Stupid and Troll buttons?

The bar was too low in those categories.
 
2011-12-30 08:02:02 PM
My grandfather was born in 1895. That's all i wanted to say.
 
2011-12-30 08:05:23 PM
So lets hurry up and build that pipeline so we can ship more LNG out of the country!
 
2011-12-30 08:07:50 PM
Color me unconvinced.
 
2011-12-30 08:07:57 PM
Why the fark are we exporting something that we also import? Am I crazy to think we should stop all oil exports and reduce our imports accordingly?
 
2011-12-30 08:10:33 PM
RoyBatty: Not to sound conspiratorial, but, ...

There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home.


Drill here drill now, amirite?
 
2011-12-30 08:11:09 PM
Cuchulane: xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

Smart button, Funny button... where the Stupid and Troll buttons?


Link (new window)

Link (new window)

Link (new window)

xl5150 site:fark.com -- restricted to last month (new window)

Is there a non-troll post in there?

A troll button would have to be crafted to not reward stupid attention whoring trolls like xl5150.

Maybe a troll button that had the effect of leaving your post totally alone, not doing anything to it, but just making the colors on the troll's version of FARK look harder and harder to read as his troll score got worse and worse, and never letting him know which comment was responsible for it.
 
2011-12-30 08:12:57 PM
jtown: Why the fark are we exporting something that we also import? Am I crazy to think we should stop all oil exports and reduce our imports accordingly?

Because certain fuel products sell for higher overseas than they do here, like natural gas.
 
2011-12-30 08:13:38 PM
enry: RoyBatty: Not to sound conspiratorial, but, ...

There's at least one domestic downside to America's growing role as a fuel exporter. Experts say the trend helps explain why U.S. motorists are paying more for gasoline. The more fuel that's sent overseas, the less of a supply cushion there is at home.

Drill here drill now, amirite?


I wasn't thinking that, but that fits right in. I was just thinking keep prices high in the US by selling overseas.

Of course what dywed88 and others said is obviously correct as well.
 
2011-12-30 08:15:30 PM
OPEC here we come!
 
2011-12-30 08:16:55 PM
RoyBatty: Cuchulane: xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

Smart button, Funny button... where the Stupid and Troll buttons?

Link (new window)

Link (new window)

Link (new window)

xl5150 site:fark.com -- restricted to last month (new window)

Is there a non-troll post in there?

A troll button would have to be crafted to not reward stupid attention whoring trolls like xl5150.

Maybe a troll button that had the effect of leaving your post totally alone, not doing anything to it, but just making the colors on the troll's version of FARK look harder and harder to read as his troll score got worse and worse, and never letting him know which comment was responsible for it.


Back in the BBS days, we called this a "twit flag". The twitted account would see their own posts but they would be invisible to everyone else and they'd go nuts because nobody was responding to them. Another version would redirect the twitted accounts posts to a specific read-only room/forum where everyone could see them for the lulz. Tho lulz hadn't been invented yet.
 
2011-12-30 08:17:43 PM
Get Lost: Oh great. More red state welfare.

/???????
//American jobs refining the fuel to ship to other countries, instead of importing less oil and laying people off and closing refining facilities, due to not much national need.
///Tommorrows discussion is about NASA and their red state welfare with the former shuttle fleet.
//Ta, Ta.
/Yea, I do need some statistics on which refineries are the ones importing oil to refine to send back out.


We don't net export gasoline. We actually import both oil and gasoline (for example from the carribean or india).

We export natural gas. Hopefully that will slow down a little over time too as we switch from coal to nat gas power plants and eventually to natural gas vehicles. Also, we export natural gas and then import it in other areas because we don't have enough pipelines to transfer it everywhere in the U.S. it needs to go. You can't think of the US as one big "tank". It is a big effort to get fuel over to california etc where it is needed from penn, oklahoma, south texas, etc where we are getting it.
 
2011-12-30 08:20:35 PM
dywed88: Yay, exporting something for which the vast majoirty of inputs are imported. The US doesn't produce fuel, it processes it.

Well, to be fair, that statement is similar to saying that China doesn't produce crap, it processes it from raw materials we sell them.
 
2011-12-30 08:20:57 PM
xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

I was gonna make the same point as fast part of yours but would blame the lack of regulation on companies for it.
 
2011-12-30 08:21:14 PM
plcow: Get Lost: Oh great. More red state welfare.

/???????
//American jobs refining the fuel to ship to other countries, instead of importing less oil and laying people off and closing refining facilities, due to not much national need.
///Tommorrows discussion is about NASA and their red state welfare with the former shuttle fleet.
//Ta, Ta.
/Yea, I do need some statistics on which refineries are the ones importing oil to refine to send back out.

We don't net export gasoline. We actually import both oil and gasoline (for example from the carribean or india).

We export natural gas. Hopefully that will slow down a little over time too as we switch from coal to nat gas power plants and eventually to natural gas vehicles. Also, we export natural gas and then import it in other areas because we don't have enough pipelines to transfer it everywhere in the U.S. it needs to go. You can't think of the US as one big "tank". It is a big effort to get fuel over to california etc where it is needed from penn, oklahoma, south texas, etc where we are getting it.


Uh, yeah. The US is a net importer of oil and a net exporter of refined oil products. A lot of Canadian oil gets sent to the US to be refined and then sent right back up to Canada to be sold as gas.

Also, a troll button would be amazing, or maybe a report function.
 
2011-12-30 08:24:10 PM
While riding your bike remember BP made it clear, we are the little people just before the house dropped on that CEO witch.
Congress represent the oil pump guild, the oil pump guild, the oil pump guild........
The wall street wizards In their 1% emerald lifestyle also worked their magic on the housing market and left many people with no place like a home.
/I'm off to use the wizzer.
 
2011-12-30 08:26:04 PM
jtown: Back in the BBS days, we called this a "twit flag". The twitted account would see their own posts but they would be invisible to everyone else and they'd go nuts because nobody was responding to them. Another version would redirect the twitted accounts posts to a specific read-only room/forum where everyone could see them for the lulz. Tho lulz hadn't been invented yet.

FARK already has "shadow bans", but having had one applied incorrectly to me as a case of a script gone awry, I well, dislike them. And if a user is not a real troll, and puts in a lot of time and genuinely wants to make a point, and gets labeled as troll, I think it's actually somewhat abusive to shadow ban people without any sort of notice.

But xl5150 has me reconsidering....

A true troll is a little tweeting bird chirping in a meadow. A wreath of pretty flowers which smell BAD.

xl5150 is just an attention whore with completely obvious, really stupid trolls. I'd ban his ass until he can demonstrate he has upped his game.
 
2011-12-30 08:30:18 PM
change1211: Also, a troll button would be amazing, or maybe a report function

I vote for Red and Blue troll buttons so we know if they are a Re-pub or Lib troll. Also if you get 20 or 30 troll buttons clicks your post is hidden unless a user click show this post. This way we don't have to read there trolls post.
 
2011-12-30 08:38:22 PM
The US should not be exporting such a finite resource in one breath and clamoring to drill in the Arctic at the same time.

This absolutely disgusts me.
 
2011-12-30 08:38:56 PM
plcow: Get Lost: Oh great. More red state welfare.

/???????
//American jobs refining the fuel to ship to other countries, instead of importing less oil and laying people off and closing refining facilities, due to not much national need.
///Tommorrows discussion is about NASA and their red state welfare with the former shuttle fleet.
//Ta, Ta.
/Yea, I do need some statistics on which refineries are the ones importing oil to refine to send back out.

We don't net export gasoline. We actually import both oil and gasoline (for example from the carribean or india).

We export natural gas. Hopefully that will slow down a little over time too as we switch from coal to nat gas power plants and eventually to natural gas vehicles.


More NGV's would be awesome. The Nat Gas price just keeps dropping, just fell beneath 3$ a mmBTU today as well, the delta between natural gas and oil just keeps growing
 
2011-12-30 08:39:20 PM
jtown: RoyBatty: Cuchulane: xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

Smart button, Funny button... where the Stupid and Troll buttons?

Link (new window)

Link (new window)

Link (new window)

xl5150 site:fark.com -- restricted to last month (new window)

Is there a non-troll post in there?

A troll button would have to be crafted to not reward stupid attention whoring trolls like xl5150.

Maybe a troll button that had the effect of leaving your post totally alone, not doing anything to it, but just making the colors on the troll's version of FARK look harder and harder to read as his troll score got worse and worse, and never letting him know which comment was responsible for it.

Back in the BBS days, we called this a "twit flag". The twitted account would see their own posts but they would be invisible to everyone else and they'd go nuts because nobody was responding to them. Another version would redirect the twitted accounts posts to a specific read-only room/forum where everyone could see them for the lulz. Tho lulz hadn't been invented yet.


vBulletin used to have a similar option called 'tachy goes to coventry', which put the poster on everyone's ignore list.
 
2011-12-30 08:49:08 PM
RoyBatty: FARK already has "shadow bans", but having had one applied incorrectly to me as a case of a script gone awry, I well, dislike them.

That's the script that farked up, not the shadow ban.

I dislike auto-ban scripts and user-moderated forums for this reason. Invariably if you don't toe the line 1984 style, if you think for yourself it's only a matter of time before you're booted. If Fark makes a "troll" button, the people who abuse it most will be. . . trolls.

Live moderation really does result in the most stable communities, but it's labor-intensive, and thus the most expensive solution.
 
2011-12-30 08:56:44 PM
Sh*t...

So nobody's really into discussing the actual topic, huh?

Just memoreees of Usenet and a lameass troll who definitely doesn't deserve all this...
 
2011-12-30 08:58:19 PM
This burns me up to no end. We should be selling our fuel here and drive the price down.

If I trusted our government at all to be remotely efficient, I would say we should nationalize all natural resources and sell here first for the lowest possible price.
 
2011-12-30 09:10:17 PM
quoinguy: This burns me up to no end. We should be selling our fuel here and drive the price down.

If I trusted our government at all to be remotely efficient, I would say we should nationalize all natural resources and sell here first for the lowest possible price.


Communist! How dare you go against the Free Market! The Free Market gives us every thing like expensive food and fuel. The poor, foreclosed houses and the homeless.
 
2011-12-30 09:12:35 PM
quoinguy: This burns me up to no end. We should be selling our fuel here and drive the price down.

If I trusted our government at all to be remotely efficient, I would say we should nationalize all natural resources and sell here first for the lowest possible price.


This isn't "our" fuel. We import crude oil, refine it, and export it as gasoline. We are adding value to crude using our refineries, we are not selling "our" fuel. If you'd bothered to read the entire article you'd have seen we are still the world's largest importer of crude. FTA: "America is still the world's largest importer of crude oil. From January to October, the country imported 2.7 billion barrels of oil"

This is a good thing as Americans are employed by the refining companies, but hey, reading the headline and not the article makes better talking points, right?
 
2011-12-30 09:16:58 PM
Enigmamf: It's interesting, but call me when we're a net exporter of petroleum products.

Ah we are actually ...

/we still burn crude oil like its going out of style though
 
2011-12-30 09:19:12 PM
xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

cdn.epicski.com

/Also, "are" you insinuating that "this" is "not" "America"?
 
2011-12-30 09:19:19 PM
bravian: /we still burn crude oil like its going out of style though

Hey apparently there's still enough that we feel we have the luxury of exporting it.

Well, I shouldn't say "we." We're not seeing a dime of it.

Besides, we can fark up the Tar Sands, and on to Alaska...
 
2011-12-30 09:20:22 PM
quoinguy: This burns me up to no end. We should be selling our fuel here and drive the price down.

If I trusted our government at all to be remotely efficient, I would say we should nationalize all natural resources and sell here first for the lowest possible price.


The article doesn't make it clear, but as others in the thread have noted, we still a net importer crude oil.

Fuel does not come out of the ground. Crude oil does. Fuel is the value a refinery adds to crude oil.

So what is happening here is that crude oil is arriving at our docks and refined into fuel and some portion of that fuel is being shipped overseas

I think an interesting question is to ask, which is greater, barrels of crude oil imported, or equivalent barrels of crude oil converted to fuel being shipped out?
 
2011-12-30 09:25:24 PM
RoyBatty: quoinguy: This burns me up to no end. We should be selling our fuel here and drive the price down.

If I trusted our government at all to be remotely efficient, I would say we should nationalize all natural resources and sell here first for the lowest possible price.

The article doesn't make it clear, but as others in the thread have noted, we still a net importer crude oil.

Fuel does not come out of the ground. Crude oil does. Fuel is the value a refinery adds to crude oil.

So what is happening here is that crude oil is arriving at our docks and refined into fuel and some portion of that fuel is being shipped overseas

I think an interesting question is to ask, which is greater, barrels of crude oil imported, or equivalent barrels of crude oil converted to fuel being shipped out?




Point taken.

As a responsible FARKER I will admit I'm half drunk and only skimmed the article.

Value-added jobs are good--carry on...
 
2011-12-30 09:25:31 PM
The img1.fark.net and img1.fark.net tags must have started their New Year's Eve drinking binge early.
 
2011-12-30 09:35:42 PM
dywed88: Yay, exporting something for which the vast majoirty of inputs are imported. The US doesn't produce fuel, it processes it.

value added, comparative advantage, etc.
 
2011-12-30 09:36:39 PM
Save this for the next supply-sider argument that we need more refineries.

We don't: the Indians are even trying to buy closed refineries and export the equipment. You couldn't find investment capital for a refinery if the land was free -- there's simply too much capacity. The European capacity situation is similar and so bad that the only Swiss refiner will likely go TU.
 
2011-12-30 09:51:32 PM
dforkus: plcow: Get Lost: Oh great. More red state welfare.

/???????
//American jobs refining the fuel to ship to other countries, instead of importing less oil and laying people off and closing refining facilities, due to not much national need.
///Tommorrows discussion is about NASA and their red state welfare with the former shuttle fleet.
//Ta, Ta.
/Yea, I do need some statistics on which refineries are the ones importing oil to refine to send back out.

We don't net export gasoline. We actually import both oil and gasoline (for example from the carribean or india).

We export natural gas. Hopefully that will slow down a little over time too as we switch from coal to nat gas power plants and eventually to natural gas vehicles.

More NGV's would be awesome. The Nat Gas price just keeps dropping, just fell beneath 3$ a mmBTU today as well, the delta between natural gas and oil just keeps growing


Blaze your own trail!

Step 1) http://automobiles.honda.com/civic-natural-gas/
Step 2) http://www.cnglocator.net/index.html

Lotsa talk about electric this and bio that. The real fuel infrastructure of the American future is being implimented right now with little fanfair but an eventual and inevitable reality.
 
2011-12-30 09:54:01 PM
With the caveat that I do think that electrical will evetually come to fruition but not for another 50+ years unless fusion power becomes feasible.
 
2011-12-30 09:56:30 PM
Before you start celebrating do not confuse "crude petroleum products" with "refined petroleum products".

We IMPORT crude to EXPORT refined products. Gottit?
 
2011-12-30 09:58:21 PM
Cuchulane: xl5150: Yet gas is still over $3 a gallon. Welcome to Obama's "America."

Smart button, Funny button... where the Stupid and Troll buttons?


img.photobucket.com
 
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