REMEMBER DRILL BABY DRILL [View all]
Drilling The Big GOP Lie: The US Exports More Gasoline Than It Imports
The Republican Party seems to think Americans are stupid and will not dig into the facts that they spew. This is especially the case with oil drilling, exploration and so called energy independence.
The Republicans have told the American people that we need to drill for more oil, build refineries and build pipelines all in the name of energy independence. Yet as CNBC pointed out in December of 2011, the United States is EXPORTING more refined fuel, gasoline, than it imports for the first time in 50 years.
For all refined petroleum products, the U.S. in the first 10 months of 2011 exported 848 million barrels and imported 750 million. Lipow said he believes this if the first time since World War II that the U.S. will be a net exporter of refined petroleum products, but government data on the EIA website only goes back to 1973.
So, why are gas prices increasing across this country? Why are we still at about $3.30 a gallon when we are exporting more now than we did under Reagan, Bush, Clinton or Bush Jr.? We were told by the Republicans that drilling a refining will decrease the cost of oil and bring us to energy independence.
THEY NEEDED THOSE PIPELINES TO EXPORT THE OIL OUT OF THE GULF OF MEXICO!
THE OIL COMPANIES ARE MAKING RECORD PROFITS WHILE KEEPING THE PRICE OF HEATING OIL AND GASOLINE HIGH IN THE STATES!