You want the truth? (oil related topic)

darthtang aw

Active Member
Here is the basic truth. This is why you pay so much to fill up your car.
In 2004 we shipped over seas 268 million barrels of oil. We imported close to equal the same amount that same year. So essentially the consumer is feeling all the shipping costs of oil. If we stopped outsourcing our oil I bet gas would come down as shipping costs overall would be reduced by 95%.
Further more...i hear a lot about middle east oil being our main intent and purpose for being in the middle east. I disagree with this completely. Here are the top 15 importers of crude oil to the U.S.
CANADA 1,726
MEXICO 1,692
SAUDI ARABIA 1,413
VENEZUELA 1,190
NIGERIA 1,149
IRAQ 498
ALGERIA
ANGOLA
RUSSIA
BRAZIL
ECUADOR
CONGO (BRAZZAVILLE)
KUWAIT 139
UNITED KINGDOM
GABON
The numbers I have in place represent thousands of barrels shipped to us per day.
Our top two importers of oil are our border states. After looking at this I believe this is why politicians refuse to deal with Illegal immigrants coming through Mexico...Look at who is number 2.
In 2005 the U.S was pumping 5100 thousand barrels a day. This is down 800 barrels from 2000. since 1970 we have had a steady decline from 9700 thousand barrels pumped a day. Essentially we have cut our production in half.
Since 1970 our gas prices (national average) have been on the raise steadily for the most part with the exception of 1998 and 1999 we saw a significant drop in 1998 and 1999 was (while increased) was still lower than the past 7 years to that point.
Since that date oil prices have been on the move up and our gas prices have increased at the pump. What forced us to start importing more oil and decreasing our production?
Think about it......when you come up with the answer...remember everything has a price down the line.
 

reefreak29

Active Member
i dont see the point in outsourcing are oil for one. sounds pretty redundent to me. idk if we stop outsourceing and build some more refineries i think we would be pretty set , i dont see why politicians dont see this
 

darthtang aw

Active Member
Our pumping of the oil has been cut in half though...before we were able to export and still maintain a good majority of our oil supply here in the states, now with the pumping cut in half it is not possible to do both.
And trust me, politicians do see your point...but there is more money top be made importing other oil and exporting our own.
 

seasalt101

Active Member
do you think nafta has anything to do with the rising prices at the pumps as you stated 98-99 gas was relatively cheap?...tobin
 

darthtang aw

Active Member
nope...nafta isn't what I am thinking of, they may play a small part but not as significant. something big was formed in the 1970's that impacted a lot of things.
 

darthtang aw

Active Member
Originally Posted by MIKE22cha
I want to guess. Does it have to do with the oil crisis?

Nope, but it helped bring that about later
 

darthtang aw

Active Member
Originally Posted by 1journeyman
The EPA was created in 1970...

We have a winner...but now, how did this affect the oil industry and what did we not due to compensate for the changes.
 

windmill

Member
This is why you pay so much to fill up your car.
I thought it was those 30 gallon gas tanks that drained the wallet so fast.
 

seasalt101

Active Member
ok i believe the gods of our environment made us close like 30% of our refineries due to all the toxins, then reduce them over the years to where there at now, am i close?...tobin
 
Top