Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
4 Decade Ban On Exports Of U.S. Crude OIl Ends
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="TwoForFlinching" data-source="post: 2567415" data-attributes="member: 24500"><p>It's hard to say what it will do to prices.</p><p></p><p>Since the turn of the century, it has been more profitable for companies to refine imported crude to be exported back out. Refining more imported meant less refined domestic products, and it created an artificial bubble that spiked our prices. </p><p></p><p>Now that they're allowed to export crude, it's hard to say what will happen domestically. But it's easy to forecast one of two things. </p><p></p><p>Gas/oil products will either continue to rise slowly, or they will rise quickly. Either way, oil companies don't aim to make their products cheaper.</p></blockquote><p></p>
[QUOTE="TwoForFlinching, post: 2567415, member: 24500"] It's hard to say what it will do to prices. Since the turn of the century, it has been more profitable for companies to refine imported crude to be exported back out. Refining more imported meant less refined domestic products, and it created an artificial bubble that spiked our prices. Now that they're allowed to export crude, it's hard to say what will happen domestically. But it's easy to forecast one of two things. Gas/oil products will either continue to rise slowly, or they will rise quickly. Either way, oil companies don't aim to make their products cheaper. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
4 Decade Ban On Exports Of U.S. Crude OIl Ends
Search titles only
By:
Top
Bottom