Shortages are the excuse for high prices – but, FUEL EXPORTS are up!

The White House has made a new push for expanded offshore drilling to help lower fuel prices, days after new government data showed American petroleum product exports hit record levels.
“To reduce pressure on prices, we need to increase the supply of oil, especially here at home,” Bush told reporters…
Critics of the offshore drilling plan noted that the Energy Department released data this week showing that U.S. exports of finished petroleum products, including gasoline, diesel fuel and jet fuel, soared to 1.592 million barrels per day in May.
The exports set a record for the month and were up 31 percent from a year ago.
Exports were equal to about half the 3.204 million barrels a day in petroleum products that the United States imported during May.
In May, U.S. oil companies shipped 183,000 barrels of gasoline a day out of the country, even as Americans saw prices at the pump steadily rise.
Trying to drill our way out of trouble is absurd. No different from bigots who tried to convince us that “separate but equal” school systems didn’t equate to segregation and discrimination.
Liars and self-deluded hypocrites.





Time to say “Mission Accomplished”, again. For the Oil Patch Boys, that is.
keaneo
July 31, 2008 at 8:58 am