Contact your Congress critters to let them know that you are tired of high gas prices.
Contact your Congress critters to let them know that you are tired of high gas prices.
U.S exports of diesel fuel in April of this year averaged 387,000 barrels per day, up almost seven-fold from 59,000 barrels a day in the same month a year earlier.
U.S. gasoline exports in April of this year averaged 202,000 barrels a day, the most for the month since 1945, when America was sending fuel overseas to ease supply shortages in other countries during World War II. Gasoline exports in April 2007 were almost half at 116,000 barrels per day.
Residual fuel exports in April of this year were 377,000 barrels per day, the fourth highest level for any month, and up 10 percent from 344,000 barrels per day a year earlier.
Just curious. Given the quite evident existing supply side balance of refined product, how is an accelerated domestic drilling program going to lower U.S. refined product prices?