[thackney]

If the oil producers want to export the oil

We are a long, long way from being an oil exporter. We import significantly more oil the we produce ourselves.

[hosepipe]

BUT are we importing much of the oil because we are exporting domestic supplys and production?..

That is the question and the meme that O’Really suggests on his show..

[buffaloguy]

“We are a long, long way from being an oil exporter. We import significantly more oil the we produce ourselves.”

As of 2012 we are a net exporter of oil. Demand has really dropped and the excess production is going overseas.