Originally posted by Dauphin
View Post
You import a lot of oil, because not every oil is the same. A good portion of your refineries were build to use a specific types of oil (an exported heavy one). You buy it and mix it with a light oil to make an oil products for domestic consumption and you can't substitute exported heavy oil with the domestic produced light shale oil.
So, you don't import crude oil just to refine it and make profit, you do so because the investments in a new oil refining infrastructure don't worth it.
American railways are 100 years old, American highways are 70 years old, I don't know how old your refineries are, but it is the fact that USA is a sh!thole with a falling infrastructure.
And since you have a surplus of a light crude oil you drill, you just sell it, because it is useless for your domestic refineries.
So you are the third World's largest exporter of crude oil and second World's largest importer of it.
One can hardly call that a good thing for an economy.
You are still dependent on import like hell and you can't substitute your import of crude oil with a domestic production.
So, you either rebuild your refineries or keep sucking some foreign balls.
Iran was a great idea, no ****!

How much is it per gallon over there, five$ ?
(yes, I know you don't import much of your crude oil through Hormuz, but miraculasly the prices hit your wallet anyway, not mine, because Russian refineries are made to refine only Russian oil and we have a large surplus of it, our domestic consumption are fully covered by the local production and we import ZERO).
Comment